letter of indemnity noun [C]

(Law )

a letter from one person, company, etc. to another in which they agree to be responsible for particular damage, loss, etc. if it happens:

Contractors must sign a letter of indemnity, agreeing to compensate the company against claims by members of the public.

• self-assessment
• self-completion questionnaire
• self-correcting
• self-dealing
• self-development
• self-directed
• self-employed
• self-financing
• self-healing
• self-insurance
• self-liquidating
• self-made
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• self-tender