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  1. Dictionary
    indemnity
    /ɪnˈdɛmnɪti/

    noun

    More definitions, origin and scrabble points

  2. protection against possible damage or loss, esp. a promise of payment, or the money paid if there is such damage or loss. (Definition of indemnity from the Cambridge Academic Content Dictionary © Cambridge University Press) indemnity | Business English. noun [ C or U ] uk / ɪnˈdemnəti / us plural indemnities. Add to word list.

  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 compensation for damage or loss through insurance. When it is used in the legal sense, indemnity may also refer to an exemption from liability for damage.

  5. 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".

  6. 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.

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

  8. indemnity in British English. (ɪnˈdɛmnɪtɪ ) noun Word forms: plural -ties. 1. compensation for loss or damage; reimbursement. 2. protection or insurance against future loss or damage. 3. legal exemption from penalties or liabilities incurred through one's acts or defaults.

  9. [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

  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.

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