indemnity
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English
[edit]Etymology
[edit]From late Middle English indempnite, from Middle French indemnité, from Late Latin indemnitās (“security from damage”), from Latin indemnis (“undamaged”), from in- (“not”) + damnum (“damage”).
Pronunciation
[edit]Noun
[edit]indemnity (countable and uncountable, plural indemnities)
- Security from damage, loss, or penalty.
- 1834, L[etitia] E[lizabeth] L[andon], chapter IX, in Francesca Carrara. […], volume I, London: Richard Bentley, […], (successor to Henry Colburn), →OCLC, page 101:
- And all this, it will be said, the Duke of Orleans might have prevented by an effective treaty, securing an act of indemnity.
- (law) An obligation or duty upon an individual to incur the losses of another.
- Repayment; compensation for loss or injury.
- 1859, John Russell, 1st Earl Russell, The Life and Times of Charles James Fox, volume II, London: Richard Bentley, page 363:
- It would have been wise to modify rather than revoke the proclamation. But the Allies went further. Now, for the first time, were heard the words of indemnity for the past, and security for the future.
- (law) The right of an injured party to shift the loss onto the party responsible for the loss.
- (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.
Derived terms
[edit]Related terms
[edit]Translations
[edit]obligation or duty
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repayment
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right
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insurance: principle
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- The translations below need to be checked and inserted above into the appropriate translation tables. See instructions at Wiktionary:Entry layout § Translations.
Translations to be checked
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See also
[edit]Categories:
- English terms derived from Proto-Indo-European
- English terms derived from the Proto-Indo-European root *deh₂p-
- English terms inherited from Middle English
- English terms derived from Middle English
- English terms derived from Middle French
- English terms derived from Late Latin
- English terms derived from Latin
- English 4-syllable words
- English terms with IPA pronunciation
- English terms with audio pronunciation
- English lemmas
- English nouns
- English uncountable nouns
- English countable nouns
- English terms with quotations
- en:Law
- en:Insurance