词汇 | letter-of-indemnity |
释义 | letter of indemnity noun[ C ] ukuspluralletters of indemnity LAW, INSURANCE a legal document in which a person or company promises to pay for any loss that happens as a result of them doing a particular task. Letters of indemnity are often used when transporting goods by ship: The letter of indemnity protects the shipping company against any claims that may arise from the issue of a clean Bill of Lading. Compare indemnity bond STOCK MARKET a formal letter to ask for new share certificates(= documents) to replace the original certificates that you have lost: Where a certificate is lost, stolen or missing, completion of a letter of indemnity is required. |
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