UnivSource.com - Your Most Comprehensive Source for Information on Universities
  Web UnivSource.com

You're Here : UnivSource Home > Vocabulary Builder (Beta Version)

The current version of the vocabulary builder covers over 2720 words & is useful for students preparing for academic English examinations such as SAT, GRE, GMAT, etc. Now you can also listen to the pronunciation of words. - Refer a Friend.

SocialTwist Tell-a-Friend

indemnity (noun) protection against loss or damage (by paying money for the loss or damage caused), compensation paid for loss or damage.

When a person indemnifies you they offer to pay money as compensation for the loss or damage that you undergo because of them. A company indemnifies its customers if they suffer any loss or damage by using the company’s products or services, by paying them money as compensation.

  • The government has indemnified all those who were displaced by the construction of the dam in the area. They have all been suitably compensated for the loss and hardship they had to undergo because of their displacement. The company had to indemnify all those severely affected by the use of the company’s drug. It had to cough up huge sums by way of the compensation.
Useful Links
Download Our iPhone App
Download Our Android App
Earn Your Degree Online
Earn Your Art & Design Degree Online
Earn Your Business Degree Online
Earn Your Culinary Degree Online
Earn Your Education Degree Online
Earn Your Health Care Degree Online
Earn Your Law & Justice Degree Online
Earn Your Psychology Degree Online
Earn Your Technicians Degree Online
Earn Your Technology Degree Online
US Universities by Name
US Universities by Program
US Universities by State
Canadian Universities by Name
Canadian Universities by Region

Last Modified : 11-May 2009
Best viewed with 1024 x 768 resolution & Microsoft Internet Explorer