Accountancy, asked by miloitalaj, 1 year ago

can anybody at least define the word indemnity?

Answers

Answered by mankur756

Exemption from loss or damage, security, insurance

miloitalaj: can you please answer in details for i do not understand the words you typed in as your answer.to be honest i cannot understand the terms that you just used for your answer.

miloitalaj: they are just too big for my point of understanding ,but that was a very good try

Answered by duragpalsingh

Indemnity is sum of money awarded in compensation for damage suffered. Indemnity for eviction, expropriation, dismissal; Grant, allocate, pay, collect, claim, receive compensation.

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