noun

definition

Security from damage, loss, or penalty.

definition

An obligation or duty upon an individual to incur the losses of another.

definition

Repayment; compensation for loss or injury.

definition

The right of an injured party to shift the loss onto the party responsible for the loss.

definition

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.

Examples of indemnity in a Sentence

Members of the Senate and of the House of Commons receive an annual indemnity of $250o, with a travelling allowance.

Etruria reverted to the French empire, but the Spanish princess and her son did not receive the promised indemnity.

Should a mine-owner, in the course of developing his mine, damage the mine of a neighbouring owner, he must pay him an agreed indemnity.

In order to assist the young kingdom of Bulgaria, which could only with great difficulty and with much damage to its resources have found means to indemnify Turkey for this serious breach of treaty engagements, the Russian government intervened, and proposed as compensation to the Turkish government the deferment for forty years of the annual payment (£T350,000) of the 1877 war indemnity.

The local market price will form the basis of the indemnity for the live stock and implements to be expropriated.

For the moment nothing more was heard of this boundary question by the public, but General Crespo instructed the Venezuelan minister in Washington to ask for the assistance of the United States in the event of any demand being made by the British Government for an indemnity.

By the terms of the capitulation the whole of the archipelago was surrendered to the British and an indemnity of 4,000,000 pesos was to be paid.

His former relations with Talleyrand facilitated negotiations in Paris, and his great influence with the emperor was used in favour of the restoration of the Bourbons, and, after Waterloo, against the imposition of a ruinous war indemnity on France.

The town was held in pledge by the Russians for the payment of a war indemnity (1829-1836).

C. Rives in 1831, by which France had bound herself to pay an indemnity of twenty-five millions of francs for French spoliations of American shipping chiefly under the Berlin and Milan decrees, and the United States in turn agreed to pay to France 1,500,000 francs in satisfaction of French claims. Livingston's negotiations were conducted with excellent judgment, but the French Chamber of Deputies refused to make an appropriation to pay the first instalment due under the treaty in 1833, relations between the two governments became strained, and Livingston was finally instructed to close the legation and return to America.

No man was entitled to seize unless he owned, or had a surety who owned, sufficient property for indemnity or adjustment in case the seizure should be found to have been wrongful.

Domestic malcontents did not scruple to hint that the king, like his father-in-law before him, had made war on France, not with any hope of renewing the glories of Crecy or Agincourt, still less with any design of helping his allies, but purely to get first grants from his parliament, and then a war indemnity from his enemies.

This reverse necessitated fresh operations, and in 1860 Lord Elgin and Baron Gros were directed to return to China, and, at the head of an adequate force, were instructed to exact an apology for the attack on the allied fleets, the ratification and execution of the treaty of Tientsin, and the payment of an indemnity for the expenses of the war.

He was required to reduce his army, to give up all his decked ships except five, and to pay an indemnity of 1000 talents (L244,000).

The Prussians occupied the northern part of Wurttemberg and peace was made in August 1866; by this Wurttemberg paid an indemnity of 8,000,000 gulden, but at once concluded a secret offensive and defensive treaty with her conqueror.

The proceedings of the 4th of August issued in a wholesale transfer of property from one class to another without any indemnity for the losers.

Such were the laws which suppressed all the remaining bodies corporate, even the academies, and which extinguished all manorial rights without any indemnity to the owners.

But the Berlin Treaty (1878) stipulated that Servia should construct part of the international railway to Constantinople and to Salonica, and should pay the Turkish landowners an indemnity for the estates which had been taken from them and divided among their Servian tenants.

Acts of indemnity were regularly passed throughout the reign of George II., and until 1780, when the Test Act was repealed.

An act of indemnity is a statute passed for the purpose either of relieving persons from disabilities and penalties to which they have rendered themselves liable or to make legal transactions which, when they took place, were illegal.

An act or bill of indemnity used to be passed every session by the English parliament for the relief of those who had unwittingly neglected to qualify themselves in certain respects for the holding of offices, &c., as, for example, justices, without taking the necessary oaths.

During the Thirty Years' War Leipzig suffered six sieges and on four occasions was occupied by hostile troops, being retained by the Swedes as security for the payment of an indemnity from 1648 to 1650.

Marshal Cainpos was sent n Fez to make a treaty, in which he obtained ample redress and the promise of an indemnity of 800,ooo, which Morocco punctually paid.

The reconciliation with the Prussian parliament he effected by bringing in a bill of indemnity for the money which had been spent without leave of parliament.

In 1641 he received an indemnity of 3000.

Then turning his attention to the Swedes a truce was arranged, and soon afterwards, in return for an indemnity, they agreed to evacuate the electorate.

Members not having signed an indemnity chit should do so as soon as possible.

However, the possibility of an indemnity is not purely hypothetical.

The claim was settled and Bolton MBC sought an indemnity from insurers.

But the Court also stated that the provision for an indemnity would have created a contractual indemnity in any event.

Some lenders do not charge mortgage indemnity fees or have higher or lower property value limits.

You pay a premium to a prize indemnity insurer, which funds the prize in the unlikely event that someone actually wins it.

The cover is wide-ranging and includes libel and slander actions and professional indemnity.

Professional indemnity claims involving solicitors ' negligence, personal injury claims and other issues.

They are obliged to do so pursuant to rule 46 of the Solicitors Indemnity Rules 2003.

Pension trustee liability indemnity to trustee liability indemnity to Trustees against negligent act, error or omission.

He contributed £600 to the proposed Irish campaign and £500 for raising forces in England - large sums from his small estate - and on his own initiative in July 1642 sent arms of the value of £ioo down to Cambridge, seized the magazine there in August, and prevented the king's commission of array from being executed in the county, taking these important steps on his own authority and receiving subsequently indemnity by vote of the House of Commons.

The emperor promised to pay Matthias 00,000 florins as a war indemnity, and recognized him as the legitimate king of Hungary on the understanding that he should succeed him if he died without male issue, a contingency at this time somewhat improbable, as Matthias, only three years previously (Dec. 15, 1476), had married his third wife, Beatrice of Naples, daughter of Ferdinand of Aragon.

France recognized the integrity of the Turkish Empire and promised an indemnity to the House of Orange exiled from the Batavian (Dutch) Republic since 1794.

Lalande, president of the chamber of commerce at Bordeaux, in 1888 calculated the direct loss to the country by the phylloxera at 10 milliards (£400,000,000), or double the indemnity which had been paid to Germany in 1871 1 The phylloxera has made its appearance in almost every vinegrowing country in the world.

Charles used his influence to carry through parliament the act of indemnity, and the execution of some of the regicides was a measure not more severe than was to be expected in the times and circumstances; but that of Sir Henry Vane, who was not a regicide and whose life Charles had promised the parliament to spare in case of his condemnation, was brought about by Charles's personal insistence in revenge for the victim's high bearing during his trial, and was an act of gross cruelty and perfidy.

The relentless vindictiveness with which he insisted on the prosecution of Walpole, and supported the bill of indemnity to witnesses against the fallen minister, was in itself not magnanimous; but it appears positively un worthy when it is known that a short time before Pitt had offered, on certain conditions, to use all his influence in the other direction.

To fulfil the engagements accepted in Berlin and the conditions under which independence had been granted to Servia, railways had to be constructed within a certain time, and the government had also to pay to the Turkish landlords in the newly acquired districts an equitable indemnity for their estates, which were divided among the peasants.

Indemnity costs are not confined to cases of improper or reprehensible conduct.

Our pet insurance is indemnity insurance.

That's quite a bit different than Fred's 1944 Double Indemnity.

Indemnity dental insurance is a fee-for-service plan.

Indemnity plans allows you the flexibility to seek treatment from your preferred provider.

Cigna Health Care encompasses managed medical and dental care services, as well as indemnity and group insurance.

An indemnity plan is a fee for service plan that allows you to choose your physician.

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