letter of indemnity
C2CEFR level
88/100Rarity: very rare
TechnicalRegister
An undertaking given to a carrier, typically to secure delivery of cargo without production of the original bill of lading or a clean bill, promising to hold the carrier harmless from resulting liability.
The receivers gave a letter of indemnity, backed by a first-class bank, so the cargo could be delivered against it.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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