Associations to the word «Indemnity»

Wiktionary

INDEMNITY, noun. (legal) An obligation or duty upon an individual to incur the losses of another.
INDEMNITY, noun. Repayment.
INDEMNITY, noun. (legal) The right of an injured party to shift the loss onto the party responsible for the loss.
INDEMNITY, noun. (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.

Dictionary definition

INDEMNITY, noun. Protection against future loss.
INDEMNITY, noun. Legal exemption from liability for damages.
INDEMNITY, noun. A sum of money paid in compensation for loss or injury.

Wise words

Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around.
Leo Buscaglia