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INDEMNITY
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A sum of money paid in compensation for loss or injury
Synonyms:
amends; damages; indemnification; indemnity; redress; restitution
Classified under:
Nouns denoting possession and transfer of possession
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)
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:
Protection against future loss
Synonyms:
indemnity; insurance
Classified under:
Nouns denoting stable states of affairs
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)
