Indemnifiable

Part of speech: adjective

Definitions

1. The quality of being capable of being compensated for loss or damage is often referred to in legal contexts
2. It describes the condition under which a party can be held accountable for financial restitution
3. This term signifies the ability to receive protection from liability for incurred damages or losses

Etymology: "Indemnifiable" is a plain formation: the adjective "indemnify" with the suffix "-able" attached, meaning something that can be indemnified, or made good against loss. The suffix "-able" comes from Latin "-abilis" through French and has been a productive English ending since the Middle Ages, which is why it attaches so readily to verbs like this one. The verb underneath carries the older story. "Indemnify" comes from Latin "indemnis," built from "in-" (not) and "damnum" (loss, damage, harm), so the core idea is being kept free from loss. "Damnum" is also the source of "damage" and "damn," which makes the family resemblance to those words easier to see once you know the root.

Synonyms: compensable, reparable