Indemnity contract
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
A contract between two parties whereby the one undertakes and agrees to indemnify the other against loss or damage arising from some contemplated act on the part of the indemnitor, or from some responsibility assumed by the indemnitee, or from the claim or demand of a third person, that is, to make good to him such pecuniary damage as he may suffer.
See Wicker v. Hoppock, 6 Wall. 99, 18 Li. Ed. 752,