Indemnity in Tamil
Definition:
The word “indemnity” refers to:
1. The act of indemnifying or covering someone or something against loss, damage, or liability.
2. Compensation or payment made to someone as a guarantee against loss, damage, or liability.
3. A guarantee or commitment to make good any loss, damage, or liability that may be incurred.
In law, indemnity typically takes the form of an agreement or contract between two parties, where one party agrees to compensate the other for any losses, damages, or liabilities that may arise from a specific act or situation. For example, an employer may provide indemnity to an employee for any claims or damages resulting from an accident while the employee is performing work-related tasks.
In general, an indemnity is a form of protection or coverage that provides assurance against potential losses or damages, and is often used in various contexts, including:
* Insurance policies
* Business contracts
* Employment agreements
* Investment agreements
* Property transactions
The word “indemnity” comes from the Latin “indemnis,” meaning “unhurt” or “untouched,” and the sense of providing protection or coverage against loss or damage.
Translation of ‘Indemnity ‘ in Tamil:
இழப்பீடு
Examples:
- Here are three unique example sentences using the word “indemnity”:
- 1. The company purchased an indemnity policy to protect itself against potential lawsuits filed by customers who claimed they were injured by the defective products.
- 2. After signing the non-disclosure agreement, the whistleblower agreed to hold the company harmless with an indemnity clause, ensuring they would not be liable for any damages resulting from the revelation.
Synonyms:
so it’s always a good idea to check the specific context and circumstances before using them as a synonym for “indemnity”., Here are some synonyms for the word “indemnity”:
1. Compensation: This refers to the payment made to someone for a loss or damage.
2. Compensation: This refers to the payment made to someone for a loss or damage.
3. Reimbursement: This means to pay back or compensate someone for an expense or loss.
4. Guarantee: This means to promise to pay or compensate someone in the event of a loss or damage.
5. Assumption of liability: This means to take responsibility for the consequences of an action or event.
6. Liability insurance: This is an insurance policy that covers the policyholder against certain types of liability claims.
7. Hold harmless: This means to agree not to hold someone responsible for a loss or damage.
8. Release: This means to forgive someone or something for a wrongdoing or loss.
9. Settlement: This is an agreement to pay a sum of money to settle a dispute or claim.
10. Amends: This means to make restitution or reparation for a wrong or injury.
11. Compensation award: This is a payment made to someone who has been injured or harmed as a result of someone else’s actions.
12. Damages award: This is a payment made to someone who has been injured or harmed as a result of someone else’s actions.
13. Exoneration: This means to clear or excuse someone from responsibility for a loss or damage.
14. Protection: This means to safeguard or defend someone or something from harm or loss.
15. Safeguard: This refers to the act of protecting or defending someone or something from harm or loss.
Note that some of these words may have slightly different connotations or legal implications
Antonyms:
indemnity may involve providing compensation for harm suffered, exemption means to be freed from a obligation or responsibility.
4. Damages: Indemnity may include providing damages to someone who has suffered a loss, whereas punishment is a form of retribution for wrongdoing.
3. Exemption: An antonym of indemnity, Here are some antonyms for the word “indemnity”:
1. Liability: While indemnity refers to a guarantee to make good any loss or damage, liability refers to a situation where someone is responsible for harming or being responsible for something.
2. Punishment: Indemnity is a form of protection against loss or damage, whereas harm refers to the negative impact or injury.
6. Victimhood: Indemnity often involves protecting or compensating someone who has been victimized, whereas damages refers to the loss or harm suffered itself.
5. Harm: Along the same lines as damages, whereas responsibility refers to the state of being answerable for one’s own actions.
It’s worth noting that the antonyms of indemnity may vary depending on the context in which the word is used. These antonyms are general and may not be applicable in every situation., whereas victimhood refers to the state of being a victim.
7. Responsibility: Indemnity often involves taking on responsibility for the actions or losses of others
Related Words: