indemnity etymology

Etymology:

• Origin: Latin "indemnis," meaning "uninjured, unharmed"
• Root: "in-" (not) + "demnis" (damaged)

Meaning and Origin:

Meaning:

• Compensation or protection from loss, damage, or liability

Origin:

The term "indemnity" has its roots in Roman law. In ancient Rome, it referred to a legal obligation imposed on a person to reimburse another for any loss or damage they caused them. The concept of indemnity later spread throughout the Western world through the influence of Roman civil law.

In the modern era, indemnity has become a widely used term in various legal and business contexts. It is commonly found in insurance contracts, liability agreements, and contracts involving the transfer of property or services.

How Indemnity Works:

An indemnity agreement typically specifies that one party (the indemnitor) agrees to compensate another party (the indemnitee) for any losses, damages, or expenses incurred as a result of the indemnitor's actions or negligence. The indemnitor assumes the financial responsibility for any claims or liabilities against the indemnitee.

indemnity relate terms

• damn

  Etymology The word damn derives from the Latin word damnare meaning to condemn or

• damned

  Etymology The word damned originates from the Latin word damnatus the past particip

• indemnify

  Etymology The word indemnify is derived from the Latin words in in or upon de

• indemnity

  Etymology Origin Latin indemnis meaning uninjured unharmed Root in not

• enemy

  Etymology The word enemy comes from the Old French word ennemi which in turn is der

• insurance

  Etymology The word insurance derives from the Latin word insurare meaning to make

• restitution

  Etymology The word restitution comes from the Latin restituere which means to resto

• redress

  Etymology The word redress is derived from the Old French word redressier which in

• double

  Etymology The word double has two possible etymologies From the Middle English dob

• protection

  Etymology The word protection comes from the Old French word protection which in tur

• exemption

  Etymology Exemption comes from the Latin word exemptio which means a taking out I

• compensation

  Etymology Latin compensare to weigh together Proto Indo European kom pens to m

• relief

  Etymology Latin relevare meaning to lighten ease lift Ancient Greek analeipsis

• dresser

  Etymology The word dresser originates from the Middle French word drecier which mea