Meaning & use
indemnitor
Last updated
A person or entity that agrees to compensate another party for a specified loss or damage, as in a bail or insurance agreement.
See it in a sentence
The indemnitor signed an agreement to cover any losses if the defendant failed to appear in court.
Bail bond companies require an indemnitor to guarantee repayment if the bond is forfeited.
A note on using this word
Indemnitor is primarily a legal and financial term, often appearing in bail bond and insurance contracts alongside its counterpart, 'indemnitee' (the party being protected).
Words with a similar meaning
Choose a synonym to suit the sentence. Meanings can overlap without being identical.
Words with an opposite meaning
indemnitee
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