reparation refers to the making of amends, specif. the paying of compensation, for some wrong or injury war reparations; restitution implies return to the rightful owner of something that has been taken away, or of an equivalent he made restitution for the libel; redress suggests retaliation or resort to the courts to right a wrong to seek redress for an injury; indemnification refers to reimbursement, as by an insurance company, for loss, damage, etc.
These nouns refer to something given in compensation for loss, suffering, or damage. Reparation implies recompense given to one who has suffered at the hands of another: “reparation for our rights at home, and security against the like future violations” (William Pitt). Redress involves setting an injustice right; the term may imply retaliation or punishment: “There is no grievance that is a fit object of redress by mob law” (Abraham Lincoln). Amends usually implies the giving of satisfaction for a minor grievance or lesser injury: How can I make amends for losing my temper?Restitution is the restoration of something taken illegally: “He attempted to enforce the restitution of the Roman lands and cities” (George P.R. James). Indemnity implies repayment or reimbursement: Homeowners demanded indemnity for the damages caused by the riot.