"Indemnity" is a word in LAW AND LEGAL, ENGLISH
An Indemnity ls a col-lateral contract or assurance, by which one person engages to secure another against an anticipated loss or to prevent him from be-lng damnified by the legal consequences of an act or forbearance on the part of one of the parties or of some thlrd person. See Clv. Code CaL § 2772, Davis v. Phanlx Ins. Co., Ill Cal. 409, 43 Pac. 1115; Vandiver ▼. Poliak, 107 Ala. 547, 19 South. 180, 54 Am. St Rep. 118; Henderson-Achert Lithograph-lc Co. v. John ShlUlto Co., 64 ohlo SL 236, 60 N. E. 295, 83 Am. St Rep. 745. Thus, lnsurance ls a contract of lndemnlty. So an Indemnifying bond ls glven to a sheriff who fears to proceed under an execution where the property is claimed by a stranger
Security; insurance; exemption from loss or damage, past
or to come; immunity from penalty, or the punishment of past offenses;
amnesty.
Indemnification, compensation, or remuneration for loss,
damage, or injury sustained.
The only way to live well is to feel intensely.
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