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LadynViceJë
LadynViceJë LadynViceJë
  • 18-07-2016
  • Business
Answered

What term describes the practice of paying a sum of money as compensation for loss?

Verified Answer :

meerkat18
meerkat18 meerkat18
  • 19-07-2016

The answer to this question is INDEMNITY. Aside from being a practice of paying a sum of money as compensation for loss or other financial burden, this also sometimes means a security against or exemption from legal responsibilities of one's actions.

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