indemnity — compensation for damage or loss
Part of speech: NOUN
Definition: compensation for damage or loss
Pronunciation (IPA): /ɪnˈdemnɪti/
Example Sentences
- The pizza delivery guy demanded indemnity after slipping on my icy driveway and landing face-first in the pepperoni.
- My cat's indemnity policy doesn't cover the emotional damage from her judgmental stares.
- The company offers professional indemnity insurance for all employees.
indemnity
NOUN[/ɪnˈdemnɪti/]
compensation for damage or loss
After the storm, the insurance agent hands the family an indemnity check for their damaged home.
Indemnity protects identity and brings serenity!
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🎤Pronunciation
🌳Etymology
Origin
The word derives from Latin, combining in- (not) and damnum (damage), literally meaning 'the state of being without damage or harm.' Originally used in legal contexts to describe compensation or protection against loss, the term later expanded into insurance and business terminology.
Breakdown
in- (not) + damnum (damage) + -ity (state or condition). The prefix in- negates damnum, with the suffix -ity forming an abstract noun indicating a state of freedom from loss or liability.
🎵Rhyme
🔗Collocations
📝Examples
“The pizza delivery guy demanded indemnity after slipping on my icy driveway and landing face-first in the pepperoni.”
“My cat's indemnity policy doesn't cover the emotional damage from her judgmental stares.”
“The company offers professional indemnity insurance for all employees.”
“The landlord required an indemnity agreement before allowing the tenant to install the hot tub.”
📚Related Words
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