What is another word for indemnity?

357 synonyms found


[ ˌɪndˈɛmnɪti], [ ˌɪndˈɛmnɪti], [ ˌɪ_n_d_ˈɛ_m_n_ɪ_t_i]

Indemnity is a legal term used to describe the compensation or protection provided to a party in the event of loss or damage incurred. There are several synonyms for this term, including compensation, reparation, restitution, reimbursement, and remuneration. Compensation refers to the payment of money or other benefits in exchange for loss or damage incurred. Reparation denotes the act of repairing or restoring something that has been damaged. Restitution implies the act of making amends or restoring something to its original state. Reimbursement is the act of reimbursing someone for expenses incurred. Remuneration denotes payment made for services rendered. In conclusion, these synonyms for indemnity provide an insight into the various ways in which individuals or organizations can be compensated or protected against financial loss or damage.

Synonyms for Indemnity:

How to use "Indemnity" in context?

People often use the term "indemnity" to describe coverage that provides financial protection from losses. In general, an indemnity policy will provide a financial protection to its insured. The insurer will pay losses that arise from a covered event, even if the insured is at fault.

Paraphrases for Indemnity:

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Hyponym for Indemnity:

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