An agreement or assurance whereby one party insures another party against an anticipated loss, or to prevent that party from being damaged by the legal consequences of an act or the failure to act by the party providing the indemnity or a third party.

A decision of a court regarding the rights and liabilities of the parties to legal proceedings. Judgments generally provide the court’s explanation as to why it has chosen to make a particular decision.

Refers to the terms of a contract or a judgment or a rule of law which it is possible, where necessary, to make people obey.