Complete Definition of "indemnity"

English

Etymology
rfe

Pronunciation
audio|en-us-indemnity.ogg|Audio (US)

Noun
en-noun|indemnities

  1. law an obligation or duty upon an individual to incur the losses of another.
  2. repayment
  3. law the right of an injured party to shift the loss onto the party responsible for the loss.
  4. (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.

Translations

Italian: indennità f (1,2,3)
mid

See also
double indemnity
indemnify

io:indemnity
ku:indemnity
ru:indemnity
fi:indemnity
te:indemnity
vi:indemnity
zh:indemnity

Revision and Credits for"indemnity"
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