indemnity
Meaning: Protection or security against financial loss or legal liability; also, a sum of money paid as compensation for loss or damage.
Indemnity appears in both insurance and legal contexts. An indemnity clause in a contract shifts liability from one party to another. In insurance, the principle of indemnity means the insured should be restored to the financial position they were in before the loss, without profiting from the claim. Common collocations include 'professional indemnity insurance' and 'indemnity clause.'
Examples
- All solicitors in England and Wales are required to hold professional indemnity insurance. 英格兰和威尔士的所有律师都必须持有职业赔偿保险。Todos los abogados de Inglaterra y Gales están obligados a contratar un seguro de responsabilidad civil profesional.イングランドおよびウェールズのすべての弁護士は、専門職業賠償責任保険への加入が義務付けられている。잉글랜드 및 웨일즈의 모든 변호사는 전문직 배상 책임 보험에 가입해야 한다.
- The contract included an indemnity clause protecting the landlord against damage caused by tenants. 该合同包含一项赔偿条款,保护房东免受租户造成损害的影响。El contrato incluía una cláusula de indemnidad que protegía al arrendador frente a los daños causados por los inquilinos.その契約には、賃借人が引き起こした損害から家主を保護する免責条項が含まれていた。그 계약에는 임차인이 초래한 손해로부터 임대인을 보호하는 면책 조항이 포함되어 있었다.
- The company sought indemnity from its insurer for the losses incurred during the flooding. 该公司向保险公司寻求洪水期间所遭受损失的赔偿。La empresa solicitó a su aseguradora la indemnización por las pérdidas sufridas durante las inundaciones.その企業は洪水による損失について保険会社に補償を求めた。그 기업은 홍수로 인한 손실에 대해 보험사에 보상을 청구했다.
Pronunciation
Usage Guide
Context: professional, academic
Tone: neutral
Origin & History
From Latin indemnitas (freedom from loss), from indemnis (unhurt, without loss), composed of in- (not) + damnum (damage, loss). Entered English in the 15th century via French.
Cultural Context
Era: Modern
Generation: All ages
Social background: Universal
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