In the commodity futures market, an option to buy or sell a specific quantity of stock at a stated price within a given period of time. – A payment as compensation (payment for damage, loss, or injury suffered that can readily be proven to have occurred and for which the injured party has the right to be compensated). – The fixed amount or percentage protecting the insured, additional expenditures are to be settled by the insured of his own pocket,). – The budgetary discharge of the government by the Parliament. – The full or partial indemnity, usually through a liability insurance contract (the condition of being protected; more precisely a contract protecting the insured against losses caused by others failing to fulfill their obligations; this includes professional insurance policies such as malpractice insurance, and errors and omissions insurance, which indemnify professionals against claims made in the workplace). – A provision in a lease contract that requires a tenant to pay [to indemnify] a landlord for damages.
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