Memphis Average Weather. 1  The highest monthly average temperature in Memphis for August is 83 degrees. 2  The lowest monthly average temperature in Memphis for January is 44 degrees.  The most monthly precipitation in Memphis occurs in April with 5.6 inches.
English[edit] From Middle French indemnitÃ©, from Late Latin indemnitas â(âsecurity from damageâ), from Latin indemnis â(âundamagedâ), from in- â(ânotâ) + damnum â(âdamageâ). indemnity â(plural indemnities) (law) An obligation or duty upon an individual to incur the losses of another.
principle of indemnification. A defining characteristic of insurance, providing that a loss payment will replace what is lost, putting the insured back to where it was financially prior to the loss without rewarding or penalizing the insured for its loss. Suggest an improvement or addition to the Insurance and Risk Management Glossary.