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HOME | Definition of indemnity (INDEMNITY, Indemnity)


    Indemnity \In*dem"ni*ty\, n.; pl. Indemnities. [L. indemnitas,
    fr. indemnis uninjured: cf. F. indemnit['e]. See
    Indemnify.]
    [1913 Webster]
    1. Security; insurance; exemption from loss or damage, past
    or to come; immunity from penalty, or the punishment of
    past offenses; amnesty.
    [1913 Webster]

    Having first obtained a promise of indemnity for the
    riot they had committed. --Sir W.
    Scott.
    [1913 Webster]

    2. Indemnification, compensation, or remuneration for loss,
    damage, or injury sustained.
    [1913 Webster]

    They were told to expect, upon the fall of Walpole,
    a large and lucrative indemnity for their pretended
    wrongs. --Ld. Mahon.
    [1913 Webster]

    Note: Insurance is a contract of indemnity. --Arnould. The
    owner of private property taken for public use is
    entitled to compensation or indemnity. --Kent.
    [1913 Webster]

    Act of indemnity (Law), an act or law passed in order to
    relieve persons, especially in an official station, from
    some penalty to which they are liable in consequence of
    acting illegally, or, in case of ministers, in consequence
    of exceeding the limits of their strict constitutional
    powers. These acts also sometimes provide compensation for
    losses or damage, either incurred in the service of the
    government, or resulting from some public measure.
    [1913 Webster]

    The Collaborative International Dictionary of English v.0.48


    indemnity
    n 1: protection against future loss [syn: insurance]
    2: legal exemption from liability for damages
    3: a sum of money paid in compensation for loss or injury [syn:
    damages, amends, indemnification, restitution, redress]

    WordNet (r) 2.0


    95 Moby Thesaurus words for "indemnity":
    absolution, amends, amnesty, assurance, atonement, award,
    balancing, blood money, bond, certification, commutation,
    compensation, composition, compromise, consideration,
    counteraction, counterbalancing, damages, disbursement,
    endorsement, exculpation, excuse, exemption, exoneration,
    expiation, expiatory offering, grace, guarantee, guaranty, guerdon,
    honorarium, immunity, impunity, indemnification, insurance,
    lex talionis, making amends, making good, making right, making up,
    meed, nolle prosequi, non prosequitur, nonprosecution, offsetting,
    pardon, payment, peace offering, piaculum, price, privilege,
    propitiation, protection, quid pro quo, quittance, reckoning,
    reclamation, recompense, rectification, redemption, redress,
    reimbursement, remission, remission of sin, remuneration,
    reparation, repayment, reprieve, reprisal, requital, requitement,
    restitution, restoration, retaliation, retribution, return,
    revenge, reward, safety, salvage, satisfaction, security, shrift,
    smart money, solatium, sparing, squaring, stay, stocks and bonds,
    substitution, surety, tie, warrant, warranty, wergild

    Moby Thesaurus II by Grady Ward, 1.0


    INDEMNITY. That which is given to a person to prevent his suffering damage.
    2 McCord, 279. Sometimes it signifies diminution; a tenant who has been
    interrupted in the enjoyment of his lease may require an indemnity from the
    lessor, that is, a reduction of his rent.
    2. It is a rule established in all just governments that, when private
    property is required for public, use, indemnity shall be given by the public
    to the owner. This is the case in the United States. See Code Civil, art.
    545. See Damnification.
    3. Contracts made for the purpose of indemnifying a person for doing an
    act for which he could be indicted, or an agreement to, compensate a public
    officer for doing an act which is forbidden by law, or omitting to do one
    which the law commands, are absolutely void. But when the agreement with an
    officer was not to induce him to neglect his duty, but to test a legal
    right, as to indemnify him for not executing an execution, it was held to be
    good. 1 Bouv. Inst. n. 780.

    Bouvier's Law Dictionary, Revised 6th Ed (1856)




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