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Indemnity

Ballentine's Law Dictionary · James A. Ballentine · 1916

Ballentine's Law Dictionary

An obligation or duty, springing from a contract express or implied, on one person to make good any loss or damage another has incurred while acting at his request or for his benefit.

See 107 Ala. 547, 54 Am. St. Rep. 118, 19 South. 180.