indemnity costs
A special award granted by a court requiring one party to indemnify another party…A special award granted by a court requiring one party (normally the unsuccessful party in litigation) to indemnify another party against actual costs that the latter incurred in connection with the case.
Meaning
1 senses(Commonwealth, plural, plural only)A special award granted by a court requiring one party (normally the unsuccessful party in litigation) to indemnify another party against actual costs that the latter incurred in connection with the case.
Forms
plural: indemnity costses| Singular | indemnity costs |
|---|---|
| Plural | indemnity costses |
regular
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.