different between gratuity vs indemnity

gratuity

English

Etymology

From Old French gratuite (French gratuité), from Medieval Latin gratuitas (a free gift), from Latin gratuitus (freely given, free); see gratuitous.

Pronunciation

  • (UK) IPA(key): /????tju??t?/
  • (US) IPA(key): /????tu??t?/

Noun

gratuity (plural gratuities)

  1. An additional payment given freely as thanks for service.
  2. Euphemistic form of fee, in contexts where such additional payments have been made obligatory.
  3. Euphemistic form of bribe.

Synonyms

  • (additional payment offered in thanks): douceur, grace, pourboire, tip; baksheesh (Turkish and Middle Eastern contexts); cumshaw (SE Chinese contexts; archaic); see also gift
  • (obligatory fee): service charge; douceur, tip (euphemistic)
  • (bribe): Thesaurus:bribe
  • (additional gift from a vendor): lagniappe

Related terms

  • gratis
  • gratuitous
  • gratuitously

Translations

Further reading

  • gratuity in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913.
  • gratuity in The Century Dictionary, New York, N.Y.: The Century Co., 1911.

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indemnity

English

Etymology

From late Middle English indempnite, from Middle French indemnité, from Late Latin indemnitas (security from damage), from Latin indemnis (undamaged), from in- (not) + damnum (damage).

Pronunciation

  • IPA(key): /?n?d?mn?ti/
  • Hyphenation: in?dem?ni?ty

Noun

indemnity (countable and uncountable, plural indemnities)

  1. Security from damage, loss, or penalty.
  2. (law) An obligation or duty upon an individual to incur the losses of another.
  3. Repayment; compensation for loss or injury.
  4. (law) The right of an injured party to shift the loss onto the party responsible for the loss.
  5. (insurance) 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.

Related terms

  • indemnify
  • damage

Translations

See also

  • double indemnity

indemnity From the web:

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