award vs indemnity

award

noun
  • A judgment, sentence, or final decision. Specifically: The decision of arbitrators in a case submitted. 

  • A negotiated set of employment conditions and minimum wages for a particular trade or industry; an industrial award. 

  • The paper containing the decision of arbitrators; that which is warded. 

  • A trophy or medal; something that denotes an accomplishment, especially in a competition. A prize or honor based on merit. 

verb
  • To determine; to make or grant an award. 

  • To give (an award). 

  • To give by sentence or judicial determination; to assign or apportion, after careful regard to the nature of the case. 

  • To give (a person) an award. 

indemnity

noun
  • An obligation or duty upon an individual to incur the losses of another. 

  • The right of an injured party to shift the loss onto the party responsible for the loss. 

  • Security from damage, loss, or penalty. 

  • 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. 

  • Repayment; compensation for loss or injury. 

How often have the words award and indemnity occurred in a corpus of books? (source: Google Ngram Viewer )