C1💼 Business
Italian word
indennizzo
indemnity, compensation for loss or damage
Looks like
indemnify
to compensate someone for harm or loss (verb)
⚠️ The trap
Closely related in meaning. The noun 'indennizzo' is the payment made; the verb is 'indennizzare'. In insurance contracts this term appears frequently and is essential to understand correctly.
To say "to compensate someone for harm or loss (verb)" in Italian:
indennizzo (noun: indemnity); indennizzare (verb: to indemnify)
"indennizzo" in English means:
indemnity, compensation for loss or damage
Example
"L'assicurazione ha corrisposto un indennizzo di cinquantamila euro."
"The insurance paid out an indemnity of fifty thousand euros."
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