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

  4. 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...

  5. noun. compensation for loss or damage; reimbursement. protection or insurance against future loss or damage. legal exemption from penalties or liabilities incurred through one's acts or defaults. (in Canada) the salary paid to a member of Parliament or of a legislature. act of indemnity.

  6. 5 meanings: 1. compensation for loss or damage; reimbursement 2. protection or insurance against future loss or damage 3. legal.... Click for more definitions.

  7. protection against possible damage or loss, especially a promise of payment, or the money paid if there is such damage or loss. SMART Vocabulary: related words and phrases. Insurance. actuarial. assessor. assurance. assure. bancassurance. broking. comprehensive insurance. copay. indemnification. indemnify. insurable. life assurance. mature.

  8. [uncountable] indemnity (against something) protection against damage or loss, especially in the form of a promise to pay for any damage or loss that happens. an indemnity clause/fund/policy; indemnity insurance

  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. Indemnity is protection against loss or harm — it is most often used in insurance. If you suffer an injury or there's damage to your house, an indemnity makes up for the loss — if it's part of your insurance. An indemnity may also keep something or someone from being held responsible for harm.

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