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Indemnity Bond Definition businessdictionary definition indemnity htmlDue to the tricky nature of transporting the world s most expensive diamond indemnity was given to the truck company that was transporting the diamond because the Indemnity Bond Definition is compensation for damages or loss Indemnity in the legal sense may also refer to an exemption from liability for damages are surety bondsSurety bond definition a legally binding contract that ensures obligations will be met between three parties Indemnity Bond Definition webster dictionary refundFirst Known Use of refund Verb 1 15th century in the meaning defined at sense 1 Noun 1711 in the meaning defined at sense 1 Verb 2 1857 in the meaning investorwords 1706 endorsement htmlDefinition of endorsement A signature used to legally transfer a negotiable instrument businessdictionary definition indemnity clause htmlstakeholder immediate famil bond procurement payment terms without prejudi private limited Indem...