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  1. Dictionary
    indemnity
    /ɪnˈdɛmnɪti/

    noun

    More definitions, origin and scrabble points

  2. INDEMNITY definition: 1. protection against possible damage or loss, especially a promise of payment, or the money paid…. Learn more.

  3. Feb 25, 2024 · Indemnity is a comprehensive form of insurance compensation for damage or loss. In an indemnity arrangement, one party agrees to pay for potential losses or damage caused by...

  4. en.wikipedia.org › wiki › IndemnityIndemnity - Wikipedia

    In contract law, an indemnity is a contractual obligation of one party (the indemnitor) to compensate the loss incurred by another party (the indemnitee) due to the relevant acts of the indemnitor or any other party. The duty to indemnify is usually, but not always, coextensive with the contractual duty to "hold harmless" or "save harmless".

  5. The meaning of INDEMNITY is security against hurt, loss, or damage. How to use indemnity in a sentence.

  6. INDEMNITY meaning: 1. protection against possible damage or loss, especially a promise of payment, or the money paid…. Learn more.

  7. Indemnity is protection or security against damage or loss, or compensation for damages or money spent. Insurance coverage provides indemnity to a person (or organization) by insuring them for certain potential situations, such as damages to their property from natural disasters or accidents.

  8. An indemnity is an amount of money paid to someone because of some damage or loss they have suffered.

  9. n. pl. in·dem·ni·ties. 1. Security against damage, loss, or injury. 2. An exemption from liability for damages resulting from specified conduct, as in a contract indemnifying a party for the performance of certain actions. 3. Compensation for damage, loss, or injury suffered.

  10. [countable] a sum of money that is given as payment for damage or loss. Our client will seek an indemnity from the vendor for a breach of contract. The defeated nations were forced to pay an indemnity of $800 million. Word Origin. See indemnity in the Oxford Advanced American Dictionary. Check pronunciation: indemnity.

  11. INDEMNITY meaning: 1. protection against possible damage or punishment 2. money paid or promised to you if something…. Learn more.