indemnity

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English[edit]

Etymology[edit]

From Middle French indemnité, from Late Latin indemnitas (security from damage), from Latin indemnis (undamaged), from in- (not) + damnum (damage).

Pronunciation[edit]

Noun[edit]

indemnity (countable and uncountable, plural indemnities)

  1. (law) An obligation or duty upon an individual to incur the losses of another.
  2. Repayment; compensation for loss or injury.
  3. (law) The right of an injured party to shift the loss onto the party responsible for the loss.
  4. (insurance) A principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before the loss occurred, no better, no worse.

Translations[edit]

The translations below need to be checked and inserted above into the appropriate translation tables, removing any numbers. Numbers do not necessarily match those in definitions. See instructions at Wiktionary:Entry layout#Translations.

See also[edit]