Reimbursement vs. Indemnity

Reimbursement and Indemnity Definitions
Reimbursement
To repay (money spent); refund.
Indemnity
Security against damage, loss, or injury.
Reimbursement
To pay back or compensate (another party) for money spent or losses incurred.
Indemnity
An exemption from liability for damages resulting from specified conduct, as in a contract indemnifying a party for the performance of certain actions.
Reimbursement
The act of compensating someone for an expense.
Indemnity
Compensation for damage, loss, or injury suffered.
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Reimbursement
The act reimbursing.
Indemnity
Security from damage, loss, or penalty.
Reimbursement
Compensation paid (to someone) for damages or losses or money already spent etc.;
He received reimbursement for his travel expenses
Indemnity
(legal) An obligation or duty upon an individual to incur the losses of another.
Indemnity
Repayment; compensation for loss or injury.
Indemnity
(legal) The right of an injured party to shift the loss onto the party responsible for the loss.
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Indemnity
(insurance) 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.
Indemnity
Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty.
Having first obtained a promise of indemnity for the riot they had committed.
Indemnity
Indemnification, compensation, or remuneration for loss, damage, or injury sustained.
They were told to expect, upon the fall of Walpole, a large and lucrative indemnity for their pretended wrongs.
Indemnity
Protection against future loss
Indemnity
Legal exemption from liability for damages
Indemnity
A sum of money paid in compensation for loss or injury
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