Protection and Indemnity — Unter Protection and Indemnity, kurz P I (deutsch: Schutz und Entschädigung) versteht man in der Seeschifffahrt eine Versicherung gegen Risiken, die einem Schiff zustoßen können. Die Versicherung geschieht über sogenannte P I Clubs, die diese… … Deutsch Wikipedia
Protection and indemnity insurance — Protection and indemnity insurance, commonly known as P I, is a form of marine insurance provided by a P I Club. A P I Club is a mutual (i.e. co operative) insurance association that provides cover for its members, who will typically be ship… … Wikipedia
protection and indemnity insurance — noun : insurance for ship owners against loss due to legal liability arising from damage to cargo, injury to passengers and crew, and other legal liabilities not assumed under the regular forms of hull insurance … Useful english dictionary
Indemnity — An indemnity is a sum paid by A to B by way of compensation for a particular loss suffered by B. The indemnifying party (A) may or may not be responsible for the loss suffered by the indemnified party (B). Forms of indemnity include cash payments … Wikipedia
indemnity — in‧dem‧ni‧ty [ɪnˈdemnti] noun indemnities PLURALFORM 1. [uncountable] INSURANCE protection against loss or damage, especially in the form of an official written promise to pay for any losses or damage: • Every full time employee at our firm… … Financial and business terms
indemnity — in·dem·ni·ty /in dem nə tē/ n pl ties 1 a: security against hurt, loss, or damage b: exemption from incurred penalties or liabilities 2 a: indemnification (1) b: something (as a payme … Law dictionary
P and I — abbreviation protection and indemnity … Useful english dictionary
indemnity bond — A bond to indemnify the obligee or indemnitee against loss from the conduct of the obligor or indemnitor or from the conduct of a third person. 12 Am J2d Bonds § 1. A bond, the condition of which is the indemnification of the obligee against loss … Ballentine's law dictionary
indemnity — /in dem ni tee/, n., pl. indemnities. 1. protection or security against damage or loss. 2. compensation for damage or loss sustained. 3. something paid by way of such compensation. 4. protection, as by insurance, from liabilities or penalties… … Universalium
indemnity — /ɪnˈdɛmnəti / (say in demnuhtee) noun (plural indemnities) 1. protection or security, as by insurance, against damage or loss. 2. compensation for damage or loss sustained. 3. something paid by way of such compensation. 4. legal protection, as by …
indemnity — Synonyms and related words: absolution, amends, amnesty, assurance, atonement, award, balancing, blood money, bond, certification, commutation, compensation, composition, compromise, consideration, counteraction, counterbalancing, damages,… … Moby Thesaurus
