damage commitment
[/ˈdæmɪdʒ kəˈmɪtmənt/]
nounpl: damage commitments
compromisso de indenização
1. A legal or contractual obligation to compensate for harm, loss, or injury caused by one party to another
The insurance company honored its damage commitment by paying the full claim within 30 days.
A companhia de seguros honrou seu compromisso de indenização pagando a reclamação integral em 30 dias.
2. A pledge or promise to repair or restore property that has been damaged
The contractor made a damage commitment to rebuild the fence at no additional cost.
O contratante fez um compromisso de indenização para reconstruir a cerca sem custo adicional.
3. In legal contexts, an undertaking to pay damages as ordered by a court
The defendant's damage commitment was established following the civil lawsuit.
O compromisso de indenização do réu foi estabelecido após o processo civil.
This term is particularly important in Brazilian and American legal systems, appearing frequently in insurance policies, construction contracts, and court settlements. In Brazil, it reflects the civil law tradition of 'indenização' (compensation), while in the US it emphasizes contractual obligations and liability. Understanding this term is essential for anyone involved in international business, real estate transactions, or legal disputes.
Related Idioms & Phrases
make good on a damage commitment
honor one's damage commitment
breach of damage commitment
enforceable damage commitment
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