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Indemnity vs Compensate - What's the difference?

indemnity | compensate |

As a noun indemnity

is (legal) an obligation or duty upon an individual to incur the losses of another.

As a verb compensate is

to pay or reward someone in exchange for work done or some other consideration.

indemnity

English

Noun

(indemnities)
  • (legal) An obligation or duty upon an individual to incur the losses of another.
  • Repayment.
  • (legal) The right of an injured party to shift the loss onto the party responsible for the loss.
  • 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.

    • See also

    * (l) * (l)

    compensate

    English

    Verb

    (compensat)
  • To pay or reward someone in exchange for work done or some other consideration.
    • It is hard work, but they will compensate you well for it.
  • (ambitransitive) To make up for; to do something in place of something else; to correct, satisfy; to reach an agreement such that the scales are literally]] or ([[metaphor, metaphorically) balanced; to equalize or make even.
    • His loud voice cannot compensate for a lack of personality.
    To compensate me for his tree landing on my shed, my neighbor paved my driveway.
  • * Francis Bacon
    • The length of the night and the dews thereof do compensate the heat of the day.
  • * Prior
    • The pleasures of life do not compensate the miseries.
  • To adjust or adapt to a change, often a harm or deprivation.
    • I don't like driving that old car because it always steers a little to the left so I'm forever compensating for that when I drive it. Trust me, it gets annoying real fast.
    To compensate for his broken leg, Gary uses crutches.

    Derived terms

    * compensation * compensatory * recompense * recompensate

    Related terms

    * compensable * compensably

    Synonyms

    1. To pay * guerdon * reimburse to pay back 2. To make up for, correct, satisfy, or equalize, to balance the scales, to equalize or make even.
    * equate * offset * redeem * accord * reconcile * harmonize * atone * indemnify * requite * rectify * level * resolve * * amend * expiate * redress * remedy * remunerate * appease * restitute and restitution
    3. To adjust to a change.
    * acclimatize and acclimate * accommodate * accustom * adapt * accord * counterbalance * counteract * integrate * attune

    External links

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