indemnitor Definition
a person or entity that agrees to compensate or reimburse another for any loss or damage that may occur.
Using indemnitor: Examples
Take a moment to familiarize yourself with how "indemnitor" can be used in various situations through the following examples!
Example
The indemnitor agreed to cover all the costs of the damages caused by the accident.
Example
The bank required a co-signer as an indemnitor for the loan.
Example
The landlord asked for an indemnitor in case the tenant failed to pay rent.
indemnitor Synonyms and Antonyms
Synonyms for indemnitor
Summary: indemnitor in Brief
'Indemnitor' [in-dem-ni-ter] refers to a person or entity who agrees to compensate or reimburse another for any loss or damage that may occur. It is often used in legal and financial contexts, such as when a co-signer is required for a loan or a landlord asks for an indemnitor in case the tenant fails to pay rent.
