Moissanite is an exquisitely beautiful gemstone, and a good choice for an engagement ring. First, it's nearly as hard as diamond and will last a lifetime. Second, it has much more fire and brilliance then a diamond, which makes it an eye-catching stone that will light up a room.
Indemnity Bond Law and Legal Definition. An indemnity bond is a bond that is intended to reimburse the holder for any actual or claimed loss caused by the issuerâs conduct or another personâs conduct. An indemnity bond acts as coverage for loss of an obligee when a principal fails to perform according to the standards agreed upon between the obligee and the principal.
Indemnity Law & Legal Definition. Indemnity means compensation in money or property for a loss suffered. It also means a contract to save another from the legal consequences of the conduct of one of the parties or of a third person.It is an agreement whereby one party agrees to secure another against an anticipated loss or damage.ndemnity is a right which insures to a person who, without active fault on his/her own part, has been compelled, by reason of some legal obligation, to pay damages occasioned by the initial negligence of another, and for which s/he himself is only secondarily liable.