"Indemnity" Pronounce,Meaning And Examples
"Indemnity" Natural Recordings by Native Speakers
"Indemnity" Meaning
Indemnity refers to the act of compensating or making amends for a loss or damage that has occurred. It can also refer to a guarantee or promise to pay for damages or losses that may occur in the future. In a legal sense, indemnity refers to a contractual agreement where one party agrees to compensate the other party for any losses or damages incurred as a result of a specific action or situation.
"Indemnity" Examples
Usage Examples of "Indemnity"
Indemnity is a noun that refers to compensation or security that is given or paid in case of loss or damage.
1. Corporate indemnity
The company provided indemnity to its directors in case of any lawsuit or financial loss.2. Financial indemnity
The bank offered a financial indemnity to the entrepreneur, covering any potential losses in his new business venture.3. Legal indemnity
The lawyer advised his client to acquire a legal indemnity to protect himself against any potential legal claims.4. Health indemnity
The insurance company provided health indemnity to its policyholders, covering medical expenses in case of illness or injury.5. Consequential indemnity
The shipping company's contract included consequential indemnity for any losses or damages incurred due to delays in delivery.Note: Indemnity can also refer to a formal agreement or promise to compensate or reimburse someone for losses or damages.
"Indemnity" Similar Words
Indemnifications
Indemnified
Compensated or financially protected from loss or damage; freed from liability or responsibility.
Indemnifier
An indemnifier is a person or entity that agrees to compensate another party for any loss or damage that may occur as a result of a specific event or situation. In other words, they provide financial protection or indemnification to another party against a specific risk or liability.
Indemnifies
Indemnifies means to compensate or reimburse someone for a loss or damage, typically by making them financially whole again. It can also mean to guarantee or secure against a potential harm or liability.
Indemnify
Indemnifying
Indemnisation
Indemnisation refers to the act of making compensation or reparation for a loss or injury, especially in a legal or financial sense. It is often used in the context of insurance, business, or international trade, where one party agrees to pay another party a sum of money or provide a service to compensate for damages, losses, or expenses incurred as a result of their actions or negligence. In law, indemnification may be used to protect one party from civil or criminal liability for the actions of another.
Indemnities
Indemnities refer to financial compensation or reimbursement made to someone who has suffered a loss or damage, often as a result of a breach of contract or other legal obligation. It can also refer to a payment made by one party to another to protect the second party from a potential loss or damage.
Indemnization
Indemnization is the act of making compensation or payment to someone for loss, injury, or harm that they have suffered. It is a way to provide financial reimbursement or settlement to an individual or organization for damages or harm caused by the actions or inactions of another.
Indent
Indentation
Indentation refers to the practice of starting a paragraph or an item with a certain number of spaces or tabs, usually more than what is provided by the default formatting, in order to create a visual hierarchy or separation from other text.
Indentations
Indentations refer to spaces at the beginning of a line of text that are used to show a level of nesting or hierarchy within a document, such as in programming code, poetry, orspeech. They are often used to indicate that a line of text is subordinate to another line of text, and are typically used in conjunction with alignment and formatting to create a clear visual structure.
Indented
Indented refers to a piece of text or a block of symbols that is set apart from the main text by indenting it, typically by leaving a few spaces or tabs at the beginning. This is often used to show that the indented text is a subordinate clause, a quote, or a special instruction, and to distinguish it from the rest of the text. Indentation can also be used to create a visual hierarchy or to separate bullet points.
Indenter
An indenter is a person or device that moves into a position or a space, typically to establish a mark or a boundary. In a broader sense, an indenter is also someone who tends to take up space or dominate a situation.
Indenting
Indenting refers to the act of setting a line of text or a block of text away from the left margin of a page, typically by creating extra whitespace or indentation, to indicate a subordinate or subordinate relationship between the indented text and the surrounding text. This is often used in writing to show that a quotation or restatement is being made, or to introduce a new idea or example within a paragraph. Indenting can also be used to add visual formatting to a passage, making it easier to read and understand.
Indention
Indentation refers to the practice of setting a block of text or code apart from the rest of the text or code by indenting it with spaces or tabs. This is often done to indicate a hierarchical structure, such as in programming languages or to make a quotation or block of text stand out from the surrounding text. The word "indent" comes from the idea of cutting a rectangular block out of a piece of paper, creating a small notch or indentation on one edge, which is then used to identify or separate the block of text.