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

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

  5. What does indemnity mean? 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.

  6. 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".

  7. If something provides indemnity, it provides insurance or protection against damage or loss. They were charged with failing to have professional indemnity cover. American English : indemnity / ɪnˈdɛmnɪti /

  8. 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.

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

  10. [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

  11. 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.

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