TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

counter-indemnity [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1982-03-25

English

Subject field(s)
  • Insurance
  • Fire, Accidents, Miscellaneous Risks (Insur.)
OBS

an agreement by which a third party agrees to reimburse the Surety for any loss caused by the Principal. Required in cases when a sub-standard risk is written.

French

Domaine(s)
  • Assurances
  • Incendies, accidents et risques divers (Assur.)
OBS

une entente en raison de laquelle un tiers s'engage à rembourser la caution de toute perte que celle-ci aura payée à cause de la défaillance du débiteur. On l'exige lorsqu'on a affaire à des risques de qualité inférieure.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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