INDEMNITY

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does indemnity mean? 

• INDEMNITY (noun)
  The noun INDEMNITY has 3 senses:

1. protection against future loss

2. legal exemption from liability for damages

3. a sum of money paid in compensation for loss or injury

  Familiarity information: INDEMNITY used as a noun is uncommon.

 Dictionary entry details 

• INDEMNITY (noun)

Sense 1

Meaning:

Protection against future loss

Classified under:

Nouns denoting stable states of affairs

Synonyms:

indemnity; insurance

Hypernyms ("indemnity" is a kind of...):

protection; shelter (the condition of being protected)

Derivation:

indemnify (secure against future loss, damage, or liability; give security for)

Sense 2

Meaning:

Legal exemption from liability for damages

Classified under:

Nouns denoting stable states of affairs

Hypernyms ("indemnity" is a kind of...):

exemption; freedom (immunity from an obligation or duty)

Derivation:

indemnify (secure against future loss, damage, or liability; give security for)

Sense 3

Meaning:

A sum of money paid in compensation for loss or injury

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

amends; damages; indemnification; indemnity; redress; restitution

Hypernyms ("indemnity" is a kind of...):

compensation (something (such as money) given or received as payment or reparation (as for a service or loss or injury))

Hyponyms (each of the following is a kind of "indemnity"):

relief ((law) redress awarded by a court)

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)

Derivation:

indemnify (make amends for; pay compensation for)

 Context examples 

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.

(Jane Eyre, by Charlotte Brontë)

Whereas 96% of American workers had unmanaged indemnity in 1984, only 28% did in 1988.

(Managed Care, NCI Thesaurus)

“There are three methods, by which a man may rise to be chief minister. The first is, by knowing how, with prudence, to dispose of a wife, a daughter, or a sister; the second, by betraying or undermining his predecessor; and the third is, by a furious zeal, in public assemblies, against the corruptions of the court. But a wise prince would rather choose to employ those who practise the last of these methods; because such zealots prove always the most obsequious and subservient to the will and passions of their master. 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.

(Gulliver's Travels into several remote nations of the world, by Jonathan Swift)

With government resolution No. 1430/2019, the state issued an indemnity bond to cover for HDT's 38.8 million euro loan, and daily Népszava covered the story with a headline pointing out that amount as the presumed price.

(Hungarian state-owned enterprise acquires Hirtenberger Defence Group, Wikinews)

Managed care has virtually replaced unmanaged indemnity plans, where payment is automatic and oversight procedures are minimal.

(Managed Care, NCI Thesaurus)