indemnity


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Related to indemnity: Indemnity clause, Indemnity insurance

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 classic literature ?
She will ask for no indemnity. What is the meaning of it?"
At the time of which we write, the Chamber did not meddle shabbily with the budget, as it does in the deplorable days in which we now live; it did not contemptibly reduce ministerial emoluments, nor save, as they say in the kitchen, the candle-ends; on the contrary, it granted to each minister taking charge of a public department an indemnity, called an "outfit." It costs, alas, as much to enter on the duties of a minister as to retire from them; indeed, the entrance involves expenses of all kinds which it is quite impossible to inventory.
On his arrival, as an indemnity for alleged insults offered to the flag of his country, he demanded some twenty or thirty thousand dollars to be placed in his hands forthwith, and in default of payment, threatened to land and take possession of the place.
At the Restoration, there was some difficulty in establishing the right of the de la Rocheaimards to their share of the indemnity; a difficulty I never heard explained, but which was probably owing to the circumstance that there was no one in particular to interest themselves in the matter, but an old woman of sixty-five and a little girl of four.
That these ministers, having all employments at their disposal, preserve themselves in power, by bribing the majority of a senate or great council; and at last, by an expedient, called an act of indemnity" (whereof I described the nature to him), "they secure themselves from after-reckonings, and retire from the public laden with the spoils of the nation.
Would not the prospect of a total indemnity for all the preliminary steps be a greater temptation to undertake and persevere in an enterprise against the public liberty, than the mere prospect of an exemption from death and confiscation, if the final execution of the design, upon an actual appeal to arms, should miscarry?
She compromised on an augmentation of her territory, twenty million dollars' indemnity in money, and peace.
And now this fear being pretty well removed, by the most absolute promises of indemnity, Partridge again took the bridle from his tongue; which, perhaps, rejoiced no less at regaining its liberty, than a young colt, when the bridle is slipt from his neck, and he is turned loose into the pastures.
Her beauty, her pink cheeks and golden curls, seemed to give delight to all who looked at her, and to purchase indemnity for every fault.
A tattered mendicant, who could not collect any coins, lost as he was in the midst of the crowd, and who had not probably found sufficient indemnity in the pockets of his neighbors, had hit upon the idea of perching himself upon some conspicuous point, in order to attract looks and alms.
He received also the office of admiral, which had been held by his father, the Duc de Vendome and an indemnity for his houses and castles, demolished by the Parliament of Bretagne.
Permit me then to ascend the rock, singly; I promise a perfect indemnity to your kinsman, against any injury his effects may sustain."