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According to Black's Law Dictionary, indemnity is "a duty to make good any loss, damage, or liability incurred by another." It's possible to limit the scope of that duty during contract negotiations.
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...
What Is the Indemnification Method? The indemnification method calculates the termination payments when a swap is ended early and the holder has accepted an offer of prepayment. The indemnification ...