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Forfeiture vs Indemnify - What's the difference?

forfeiture | indemnify |

As a noun forfeiture

is a legal action whereby a person loses all interest in the forfeit property.

As a verb indemnify is

to secure against loss or damage; to insure.

forfeiture

English

Noun

(en noun)
  • (legal) A legal action whereby a person loses all interest in the forfeit property.
  • (legal) The loss of forfeit property.
  • (legal) The property lost as a forfeit.
  • Any loss occasioned by one's own actions.
  • indemnify

    English

    Etymology 1

    From (forming verbs'')''Oxford English Dictionary , 1st ed. "indemnify, v.1". Oxford University Press (Oxford), 1900.

    Verb

    (en-verb)
  • To secure against loss or damage; to insure.
  • * 1670 , , letter to Lord Arlington, in The Works of Sir William Temple , page 101:
  • The states must at last engage to the merchants here that they will indemnify them from all that shall fall out.
  • (senseid)(chiefly, legal) To compensate or reimburse someone for some expense or injury
  • * 1906 , Civil Code of the State of California [http://books.google.com/books?id=Vds3AAAAIAAJ], page 405:
  • The lender of a thing for use must indemnify the borrower for damage caused by defects or vices in it, which he knew at the time of lending, and concealed from the borrower.
    Derived terms
    * indemnifiable * indemnification * indemnifier

    Etymology 2

    From , assimilated to (indemn) and

    Verb

  • (obsolete, rare) to hurt, to harm
  • *1583 , Thomas Stocker's translation of A tragicall historie of the troubles and ciuile warres of the lowe Countries , i. 63a
  • *:He... did not belieue]] that his [[Majesty, Maiestie by this occasion coulde any way be endemnified .
  • *1593 , Thomas Lodge, Life & Death of William Long Beard , E ij
  • *:What harme the Rhodians haue]] [[done, doone thee, that thou so much indemnifiest them?
  • References