Reimbursement vs. Indemnity

To repay (money spent); refund.

Security against damage, loss, or injury.

To pay back or compensate (another party) for money spent or losses incurred.

An exemption from liability for damages resulting from specified conduct, as in a contract indemnifying a party for the performance of certain actions.

The act of compensating someone for an expense.

Compensation for damage, loss, or injury suffered.

The act reimbursing.

Security from damage, loss, or penalty.

Compensation paid (to someone) for damages or losses or money already spent etc.;

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

Repayment; compensation for loss or injury.

(legal) The right of an injured party to shift the loss onto the party responsible for the loss.

(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.

Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty.

Indemnification, compensation, or remuneration for loss, damage, or injury sustained.

Protection against future loss

Legal exemption from liability for damages

A sum of money paid in compensation for loss or injury