indemnity contractglossary / indemnity contract A contract by which the promisor agrees to reimburse a promisee for some loss irrespective of a third person’s liability. — Also termed contract of indemnity. 词条贡献者 双语律师Shifang,知名法学院法律专业,擅长翻译各类与企业改组和重组相关的法律文件。