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Meaning of letter of indemnity | Babel Free

Noun CEFR C1

Definitions

A legally binding document that protects one or both parties to a contract from losses or damages that could occur if the contract is breached or certain conditions are not met.

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

letter of intent letter of introduction Letter of Jeremiah letter of last resort letter of marque letter of marque and reprisal

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