Indemnity vs Damage - What's the difference?
indemnity | damage |
(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.
Injury or harm; the condition or measure of something not being intact.
* Francis Bacon
(slang) Cost or expense.
To impair the soundness, goodness, or value of; to harm or cause destruction.
* Clarendon
As nouns the difference between indemnity and damage
is that indemnity is (legal) an obligation or duty upon an individual to incur the losses of another while damage is injury or harm; the condition or measure of something not being intact.As a verb damage is
to impair the soundness, goodness, or value of; to harm or cause destruction.indemnity
English
Noun
(indemnities)See also
* (l) * (l)damage
English
(wikipedia damage)Noun
- The storm did a lot of damage to the area.
- Great errors and absurdities many commit for want of a friend to tell them of them, to the great damage both of their fame and fortune.
- "What's the damage ?" he asked the waiter.
Verb
(damag)- Be careful not to damage any of the fragile items while unpacking them.
- He came up to the English admiral and gave him a broadside, with which he killed many of his men and damaged the ship.