indemnity vs settlement

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. 

settlement

noun
  • A disposition of property, or the act of granting it. 

  • The act of settling. 

  • A community of people living together, such as a hamlet, village, town, or city; a populated place. 

  • The state of being settled. 

  • A resolution of a dispute. 

  • A mutual agreement to end a dispute without resorting to legal proceedings, also known as an out-of-court settlement or settling out of court. 

  • The gradual sinking of a building. Fractures or dislocations caused by settlement. 

  • The delivery of goods by the seller and payment for them by the buyer, under a previously agreed trade or transaction or contract entered into. 

  • A settled place of abode; residence; a right growing out of legal residence. 

  • A colony that is newly established; a place or region newly settled (even in past times). 

  • A site where people used to live together in ancient times; an ancient simple kind of village. 

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