What's the difference between compensation and indemnity?

Compensation


Definition:

  • (n.) The act or principle of compensating.
  • (n.) That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense.
  • (n.) The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
  • (n.) A recompense or reward for some loss or service.
  • (n.) An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation.

Example Sentences:

  • (1) The acute effect of alcohol manifested itself by decreasing mitochondrial respiration, compensated by increased glycolytic activity of the myocardium so that myocardial energy phosphate concentration remained unchanged.
  • (2) Results suggest that these resins should be used with some method to compensate for the shrinkage, when used as index material.
  • (3) Medical prevention and technique and then compensation for these occupational nuisances are then described.
  • (4) The hemorrhagic syndrome (HS) was identified in 16% of patients with chronic active hepatitis, in 26% with compensated and in 76% with decompensated LC.
  • (5) On 18 March 1996, the force agreed, without admitting any wrongdoing by any officer, to pay Tomkins £40,000 compensation, and £70,000 for his legal costs.
  • (6) level was increased in 13 of 19 measurements made in this group, state named "compensated hypothyroidism" according to Patel and Burger.
  • (7) While there has been almost no political reform during their terms of office, there have been several ambitious steps forward in terms of environmental policy: anti-desertification campaigns; tree planting; an environmental transparency law; adoption of carbon targets; eco-services compensation; eco accounting; caps on water; lower economic growth targets; the 12th Five-Year Plan; debate and increased monitoring of PM2.5 [fine particulate matter] and huge investments in eco-cities, "clean car" manufacturing, public transport, energy-saving devices and renewable technology.
  • (8) The solution to these problems would seem either to reduce the time spent in rectangular wires or to change to a bracket with reduced torque, together with appropriate second order compensations in the archwire or the bracket.
  • (9) A compensator connected to the section consisting of the pump-main line-operating member and including a pneumatic resistance and a flaxid non-elastic container enables it in combination with the feedback to maintain through the volumetric displacement of the gas, or changing the pump diaphragm position, the stability of the gas volume in the pneumatic transmission element of the assisted circulation apparatus.
  • (10) Sympathochromaffin catecholamines are not normally critical but compensate and become critical when glucagon is deficient.
  • (11) The stretch reflex in man has a direct role in compensating for small disturbances during motor tasks.
  • (12) The ideal prophylaxis should compensate for the undesired effects of an operation or injury on the coagulation system, without subjecting the patient to the danger of elevated tendency to bleed.
  • (13) Advocates would point to the influence Giggs maintains in the United midfield – developing a more creative game from a central role to compensate for the loss of his once blistering pace.
  • (14) A preliminary "profile" of the patient with low back pain who would likely benefit from manual therapy included acute symptom onset with less than a 1-month duration of symptoms, central or paravertebral pain distribution, no previous exposure to spinal manipulation, and no pending litigation or workers' compensation.
  • (15) The venture capitalist argued in his report, commissioned by the Downing Street policy guru Steve Hilton, in favour of "compensated no fault-dismissal" for small businesses.
  • (16) The government also faced considerable international political pressure, with the United Nations' special rapporteur on torture, Juan Méndez, calling publicly on the government to "provide full redress to the victims, including fair and adequate compensation", and writing privately to David Cameron, along with two former special rapporteurs, to warn that the government's position was undermining its moral authority across the world.
  • (17) Taxpayers will pick up an immediate £40m bill for compensating the four shortlisted companies that bid for the west coast franchise.
  • (18) Adreno-cortical compensation of the concentration of the hormone did not occur in the post-castration period.
  • (19) The principle of antagonistic compensation was presented by RIESENFELD in 1966 to explain the relative shortening and broadening of hypofunctional bones.
  • (20) But he won’t call.” Allardyce is also cynical about an offer from Swansea to compensate around 300 Sunderland fans who had booked trips to Wales before the date change.

Indemnity


Definition:

  • (n.) Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty.
  • (n.) Indemnification, compensation, or remuneration for loss, damage, or injury sustained.

Example Sentences:

  • (1) The data for the study consisted of weekly indemnity insurance claim forms.
  • (2) The comic book adaptation is perfect territory for anyone who has ever enjoyed Double Indemnity or Chinatown , but … you know, really wondered why they couldn't have had a few more explosions and a little more cleavage.
  • (3) And, as was the case with almost every other director in Less Than Meets The Eye, Wilder did knock out a few classics; to my count, four: Double Indemnity, Sunset Boulevard, Some Like It Hot and the just re-released The Apartment .
  • (4) The Intermediary Mortgage Lenders Association (IMLA), which represents firms that market their products through brokers and advisers, said 65% of its members believed competition would fall unless a permanent indemnity scheme was brought in to replace Help-to-Buy 2.
  • (5) It is no longer possible for clinicians in the UK to act independently in the management of such cases without risking censure or loss of indemnity from the employing health authority.
  • (6) The indemnity is paid once, as a capital sum, on an abstract and egalitarian basis, irrespective of the patient's age, sex, occupation, or income.
  • (7) A total of $11,800,156 in indemnity and expenses was spent for these 262 claims.
  • (8) The total cost of this system including accident indemnities is covered by the employer.
  • (9) The Intermediary Mortgage Lenders Association (IMLA), which represents firms that market their products through brokers and advisers, said 65% of its members believed competition would fall unless a permanent indemnity scheme was brought in to replace help-to-buy 2.
  • (10) Raymond Chandler (Double Indemnity, 1943) Raymond Chandler Almost the only recording of Raymond Chandler in the archives is a 1958 conversation with Ian Fleming.
  • (11) These services will include professional indemnity and public liability insurance, a magazine and peer-reviewed journal and, controversially, representation by public services union Unison.
  • (12) The results showed an elevated rate of anti-e antibodies in the asymptomatic donors, and this could be correlated with clinical and biochemical indemnity of the liver function.
  • (13) A statistically significant association between occupational injuries and past non-occupational injuries was seen when all workers compensation (WC) claims were analyzed (OR = 1.41) and when claims involving indemnity for lost time were analyzed (OR = 1.82).
  • (14) The most vulnerable members are most at risk...their average indemnities are €15 [£10.50] a day.
  • (15) While indemnity plans, health maintenance organizations (HMOs), and preferred-provider organizations (PPOs) remain as the three basic types of plans, insurers are combining these elements in different ways, creating dual- and triple-option plans that consist of indemnity insurance and an HMO, a PPO and an HMO, or other variations.
  • (16) Confirmation of the indemnity was made at the start of this month, when the Department for Energy and Climate Change (DECC) slipped out a departmental minute relating to the Magnox reactors.
  • (17) People wishing to hire the venue have to take out £2m indemnity insurance before they are allowed in, although the museum admits that even this would be inadequate if the marbles were damaged.
  • (18) We know that people will have questions about their membership, including, for example, the status of their professional indemnity insurance.
  • (19) We conclude that in Connecticut neither health maintenance organizations nor traditional indemnity insurers currently offer comprehensive systems of care to these children.
  • (20) In diseases due to occupational intoxication, we face an individual disposition regarding the degree of clinical symptoms, which has to underly any expert opinion on indemnity.