indemnity

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Related to indemnities: indemnification, Indemnity clause

in·dem·ni·ty

 (ĭn-dĕm′nĭ-tē)
n. pl. in·dem·ni·ties
1. Security against damage, loss, or injury.
2. An exemption from liability for damages resulting from specified conduct, as in a contract indemnifying a party for the performance of certain actions.
3. Compensation for damage, loss, or injury suffered.

[Middle English indempnite, from Anglo-Norman, from Late Latin indemnitās, from Latin indemnis, uninjured; see indemnify.]

indemnity

(ɪnˈdɛmnɪtɪ)
n, pl -ties
1. (Insurance) compensation for loss or damage; reimbursement
2. (Insurance) protection or insurance against future loss or damage
3. (Law) legal exemption from penalties or liabilities incurred through one's acts or defaults
4. (Government, Politics & Diplomacy) (in Canada) the salary paid to a member of Parliament or of a legislature
5. (Parliamentary Procedure) act of indemnity an act of Parliament granting exemption to public officers from technical penalties that they may have been compelled to incur
[C15: from Late Latin indemnitās, from indemnis uninjured, from Latin in-1 + damnum damage]

in•dem•ni•ty

(ɪnˈdɛm nɪ ti)

n., pl. -ties.
1. protection or security against damage or loss.
2. compensation for damage or loss sustained.
3. legal exemption from penalties attaching to illegal actions.
[1425–75; late Middle English indem(p)nite < Latin indemnitās=indemni(s) without loss (in- in-3 + -demnis, adj. derivative of damnum financial loss) + -tās]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.indemnity - protection against future lossindemnity - protection against future loss  
shelter, protection - the condition of being protected; "they were huddled together for protection"; "he enjoyed a sense of peace and protection in his new home"
2.indemnity - legal exemption from liability for damages
exemption, freedom - immunity from an obligation or duty
3.indemnity - a sum of money paid in compensation for loss or injuryindemnity - a sum of money paid in compensation for loss or injury
compensation - something (such as money) given or received as payment or reparation (as for a service or loss or injury)
relief - (law) redress awarded by a court; "was the relief supposed to be protection from future harm or compensation for past injury?"
actual damages, compensatory damages, general damages - (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated
nominal damages - (law) a trivial sum (usually $1.00) awarded as recognition that a legal injury was sustained (as for technical violations of a contract)
exemplary damages, punitive damages, smart money - (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
atonement, expiation, satisfaction - compensation for a wrong; "we were unable to get satisfaction from the local store"

indemnity

noun
1. insurance, security, guarantee, protection They had failed to take out full indemnity cover.
2. compensation, remuneration, reparation, satisfaction, redress, restitution, reimbursement, requital The government paid the family an indemnity for the missing pictures.
3. (Law) exemption, immunity, impunity, privilege He was offered indemnity from prosecution in return for his evidence.

indemnity

noun
Translations

indemnity

[ɪnˈdemnɪtɪ] N (= compensation) → indemnización f, reparación f; (= insurance) → indemnidad f
double indemnitydoble indemnización f

indemnity

[ɪnˈdɛmnɪti] n
(= insurance) → assurance f, garantie f
(= compensation) → indemnité f

indemnity

n
(= compensation) (for damage, loss etc) → Schadensersatz m, → Entschädigung f, → Abfindung f; (after war) → Wiedergutmachung f
(= insurance)Versicherung (→ sschutz m) f; deed of indemnity (Jur) → ˜ Versicherungspolice f

indemnity

[ɪnˈdɛmnɪtɪ] n (see vb) → indennizzo, risarcimento, assicurazione f

in·dem·ni·ty

n. indemnización, resarcimiento;
___ benefitsbeneficios de ___;
___ insuranceseguro de ___.
References in periodicals archive ?
The indemnity provisions will spell out the obligations, the conditions, and the procedures for enforcing such indemnities.
Tax Indemnities, Filing Requirements and Other Post-Closing Matters.
Uncertainty remains as to how the sale will be made, for example whether there will be indemnities relating to pensions mis-selling and at what company level the sale will be made.