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    INDEMNITY

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    A sum of money paid in compensation for loss or injuryplay

    Synonyms:

    amends; damages; indemnification; indemnity; redress; restitution

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("indemnity" is a kind of...):

    compensation (something (such as money) given or received as payment or reparation (as for a service or loss or injury))

    Hyponyms (each of the following is a kind of "indemnity"):

    relief ((law) redress awarded by a court)

    actual damages; compensatory damages; general damages ((law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated)

    nominal damages ((law) a trivial sum (usually $1.00) awarded as recognition that a legal injury was sustained (as for technical violations of a contract))

    exemplary damages; punitive damages; smart money ((law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct))

    atonement; expiation; satisfaction (compensation for a wrong)

    Derivation:

    indemnify (make amends for; pay compensation for)

    Sense 2

    Meaning:

    Legal exemption from liability for damagesplay

    Classified under:

    Nouns denoting stable states of affairs

    Hypernyms ("indemnity" is a kind of...):

    exemption; freedom (immunity from an obligation or duty)

    Derivation:

    indemnify (secure against future loss, damage, or liability; give security for)

    Sense 3

    Meaning:

    Protection against future lossplay

    Synonyms:

    indemnity; insurance

    Classified under:

    Nouns denoting stable states of affairs

    Hypernyms ("indemnity" is a kind of...):

    protection; shelter (the condition of being protected)

    Derivation:

    indemnify (secure against future loss, damage, or liability; give security for)

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