indemnity

== English == === Etymology === 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 === IPA(key): /ɪnˈdɛmnɪti/ Hyphenation: in‧dem‧ni‧ty === Noun === indemnity (countable and uncountable, plural indemnities) Security from damage, loss, or penalty. Synonym: indemnification Near-synonyms: insurance, assurance (law) An obligation or duty upon an individual to incur the losses of another. Synonym: indemnification Near-synonyms: liability, responsibility Repayment; compensation for loss or injury. Synonym: indemnification Near-synonyms: reparations, recompense, recompensation; see also Thesaurus:compensation (law) The right of an injured party to shift the loss onto the party responsible for the loss. Synonym: indemnification Coordinate term: justice (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. Synonym: indemnification Coordinate terms: parity, proportionality ==== Derived terms ==== ==== Related terms ==== ==== Translations ==== ==== See also ====