indemnificator

Example:The insurance company, as the compensator, quickly provided the homeowner with funds to repair the flood damage.

Definition:A person or entity that provides compensation to cover losses or damages.

Example:The company reimbursed the employee for the travel expenses they incurred while on a business trip.

Definition:A person or entity that provides reimbursement for expenses incurred.

Example:The court ordered the defendant to indemnify the plaintiff for the full amount of damages.

Definition:To compensate for a loss, damage, or liability, often as part of a legal obligation.

Example:The liable party agreed to indemnify the injured party for all medical expenses and lost wages.

Definition:The party obligated to pay compensation in a legal suit or claim.