Indemnity

Noun

 * 1)  an obligation or duty upon an individual to incur the losses of another.
 * 2) repayment
 * 3)  the right of an injured party to shift the loss onto the party responsible for the loss.
 * 4) (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.

Thesaurus
absolution, amends, amnesty, assurance, atonement, award, balancing, blood money, bond, certification, commutation, compensation, composition, compromise, consideration, counteraction, counterbalancing, damages, disbursement, endorsement, exculpation, excuse, exemption, exoneration, expiation, expiatory offering, grace, guarantee, guaranty, guerdon, honorarium, immunity, impunity, indemnification, insurance, lex talionis, making amends, making good, making right, making up, meed, nolle prosequi, non prosequitur, nonprosecution, offsetting, pardon, payment, peace offering, piaculum, price, privilege, propitiation, protection, quid pro quo, quittance, reckoning, reclamation, recompense, rectification, redemption, redress, reimbursement, remission, remission of sin, remuneration, reparation, repayment, reprieve, reprisal, requital, requitement, restitution, restoration, retaliation, retribution, return, revenge, reward, safety, salvage, satisfaction, security, shrift, smart money, solatium, sparing, squaring, stay, stocks and bonds, substitution, surety, tie, warrant, warranty, wergild

Etymology
From indemnité:, from  indemnitas:, from  indemnis:, from in-: + damnum:.

Translations

 * Italian: indennità (1,2,3)


 * Portuguese: indenização