Indemnity

Definition of Indemnity

In`dem´ni`ty
n.1.
1.Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty.
Having first obtained a promise of indemnity for the riot they had committed.
- Sir W. Scott.
2.Indemnification, compensation, or remuneration for loss, damage, or injury sustained.
They were told to expect, upon the fall of Walpole, a large and lucrative indemnity for their pretended wrongs.
- Ld. Mahon.
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.

Related Words

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
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Indefinite article
Indefinite inflorescence
Indefinite proposition
Indefinite term
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-Indemnity-
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Independence
Independence Day
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Independent company
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