1. Character Quotes
  2. repayment vs indemnity

different between repayment vs indemnity

repayment

English

Etymology

re- +? payment

Noun

repayment (countable and uncountable, plural repayments)

  1. The act of repaying.
  2. The money or other resource that is repaid.

Translations

Anagrams

  • pentamery

repayment From the web:

  • what repayment plans qualify for pslf
  • what repayment plan should i choose
  • what payment does costco accept
  • what payments are exempt from futa tax
  • what payments does amazon accept
  • what payments does walmart accept
  • what payments does ebay accept
  • what payments does onlyfans accept

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:

  • what indemnity means
  • what indemnity insurance
  • what indemnity insurance means
  • what indemnity bond
  • what's indemnity agreement
  • what indemnity bond means
  • what's indemnity benefit
  • what's indemnity clause
+1
Share
Pin
Like
Send
Share

you may also like

Copyright © 2024 Quotes