indemnity

Definitions

  • The Spring-Cleaning (Indemnity) Bill
    The Spring-Cleaning (Indemnity) Bill
  • WordNet 3.6
    • n indemnity a sum of money paid in compensation for loss or injury
    • n indemnity legal exemption from liability for damages
    • n indemnity protection against future loss
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Webster's Revised Unabridged Dictionary
    • Indemnity 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."
    • Indemnity 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."
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Century Dictionary and Cyclopedia
    • n indemnity Security given against or exemption granted from damage, loss, injury, or punishment.
    • n indemnity Indemnification; compensation for loss, damage, or injury sustained; reimbursement.
    • n indemnity In law, that which is given to a person who has assumed or is about to assume a responsibility at the request or for the benefit of another, in order to make good to him any loss or liability which has or may come upon him by so doing. More specifically— The actual reimbursement of such loss or discharge of such liability.
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Chambers's Twentieth Century Dictionary
    • Indemnity security from damage, loss, or punishment: compensation for loss or injury
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Etymology

Webster's Revised Unabridged Dictionary
L. indemnitas, fr. indemnis, uninjured: cf. F. indemnité,. See Indemnify
Chambers's Twentieth Century Dictionary
Fr.,—L. indemnis, unharmed—in, not, damnum, loss, facĕre, to make.

Usage

In literature:

The question of indemnities arising out of the differences with England was likewise satisfactorily adjusted.
"A History of the Nineteenth Century, Year by Year" by Edwin Emerson
You are also to pay me an ample indemnity in gold for the damage you did to my wrecked galleys.
"Richard I" by Jacob Abbott
He then went back to Paris to seek indemnity for the loss of his crown.
"Political Women, Vol. 2 (of 2)" by Sutherland Menzies
Everyone was aware that the death was purely accidental, but the father demanded a considerable indemnity.
"Two Years with the Natives in the Western Pacific" by Felix Speiser
The total money outlay for purchases and indemnities was about 45 millions of dollars.
"The American Empire" by Scott Nearing
The money indemnity demanded by General von Fuechter was the largest ever known: one thousand million pounds sterling.
"The Message" by Alec John Dawson
Bill of indemnity for witnesses brought against him, 253.
"Critical and Historical Essays, Volume III (of 3)" by Thomas Babington Macaulay
Serbia did not cede a single yard of territory, nor did she pay one cent of indemnity.
"The Story of the Great War, Volume I (of 8)" by Various
But we hear you keep conventicles since the indemnity.
"Biographia Scoticana (Scots Worthies)" by John Howie
And I want an indemnity, not to speak of damages and punishment.
"The Frontier" by Maurice LeBlanc
The city was promptly assessed a war indemnity of $40,000,000.
"The Story of the Great War, Volume II (of VIII)" by Various
By this time everything was settled amicably, the landlord having demanded no special indemnity for his battered, many-colored face.
"The Story of Don Quixote" by Arvid Paulson, Clayton Edwards, and Miguel de Cervantes Saavedra
She must be charged a sort of war indemnity.
"Ireland as It Is" by Robert John Buckley (AKA R.J.B.)
The legality of this right of indemnity has been much contested.
"The Sexual Question" by August Forel
A prince, to appease a revolt, had promised indemnity to the revolters.
"Benjamin Franklin, A Picture of the Struggles of Our Infant Nation One Hundred Years Ago" by John S. C. Abbott
In spite of all the furies of opposition within the House and out of it, the Indemnity Bill passed by a majority of more than two to one.
"The Winning of Popular Government" by Archibald Macmechan
The indemnity shall, however, not exceed one-fourth of his property.
"Woman under socialism" by August Bebel
The French indemnity was paid largely in commodities.
"Belford's Magazine, Vol 2, December 1888" by Various
The Sultan, however, remained obdurate, refusing all demands, and insisting on an indemnity for his ships.
"The Scrap Book, Volume 1, No. 3" by Various
He signed the surrender of Oxford in July 1646, and being excepted from the indemnity retired abroad.
"Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 5" by Various
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In poetry:

For every life -
God knows the price we've paid for sov'ranty -
For every life
Let Man exact the full indemnity:
That unborn men secure may ride at ease
The labyrinthine channels of the breeze.
"Per Ardua Ad Astra" by Gordon Alchin

In news:

Neil Voorhees, director of safety services and security for Trimac Transportation, applauded the American Trucking Associations' anti-indemnity efforts.
Chevrolet store loses indemnity bid in suit over fees.
Compassionate Care Inc v Travelers Indemnity Co. Home Compassionate Care Inc v Travelers Indemnity Co. September 17, 2012.
Pennsylvania Manufacturers Indemnity Co. V Cintas Fire Protection and Fire Systems of Springfield v SimplexGrinnell L.P. Home Pennsylvania Manufacturers Indemnity Co.
Civil Procedure – Statute of repose bars indemnity claim against contractor.
Arrowood Indemnity Company v Pendleton King.
Insurance coverage and indemnity disputes and ADR early expert evaluation.
Judgments – Damages – Indemnity .
Grain Producer Indemnity Board meets.
Council votes for conditional indemnity in mayoral slander suit.
Eligible producers may receive indemnity payments equal to approximately 65% of the value of qualified livestock losses.
Microsoft Gives IP Indemnity to Its Embedded System OEMs.
Indemnity , Workers' Compensation, Managed Care Does History Repeat Itself.
Since then, according to the Department of Veteran Affairs, change in federal law allows VA to resume Dependency and Indemnity Compensation (DIC) payments and related benefits to former recipients who lost benefits because of remarriage.
Bill would set forth indemnity payout timelines in state.
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In science:

Then, we study a very well known sample of real life data of consisting of the indemnity payment (LOSS) and the allocated loss adjustment expense (ALAE) for 1500 general liability claims.
A test of goodness-of-fit for the copula densities
The data consist of the indemnity payment (LOSS) and the allocated loss adjustment expense (ALAE) for 1466 general liability claims.
A test of goodness-of-fit for the copula densities
The Gumbel parametric family of extreme-value copulas captures the fact that almost all large indemnity payments generate important adjustment expenses (e.g., investigation and legal costs) while the effort invested in the treatment of a small claim is more variable.
A test of goodness-of-fit for the copula densities
This approach was used, for example, by Frees and Valdez and Klugman and Parsa to analyze data from the Insurance Services Office, Inc. on the indemnity payment (X ) and allocated loss adjustment expense (Y ) for 1500 general liability claims randomly chosen from late settlement lags.
A goodness-of-fit test for bivariate extreme-value copulas
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