indemnity
noun
in·dem·ni·ty
in-ˈdem-nə-tē 
plural indemnities
1
a
: security against hurt, loss, or damage
b
: exemption from incurred penalties or liabilities
2
b
: something that indemnifies
3
: fee-for-service
—usually used attributively
an indemnity plan
Synonyms
Examples of indemnity in a Sentence
an agreement providing indemnity against prosecution
has paid $2 million in indemnities
Recent Examples on the Web
Customizing options like hospital indemnity insurance, critical illness insurance, and HSAs can meet the unique needs of employees with disabilities.
—
Jennifer Jay Palumbo, Forbes, 30 Nov. 2024
Hospital indemnity coverage, meanwhile, starts at about $10 per month, according to Aflac.
—Cheryl Winokur Munk, CNBC, 4 Nov. 2024
Similarly, if there’s indemnity, the seller is given the right to consent to any settlements, and where insurance policies exist the buyer also provides the insurer with audit participation and settlement consent rights.
—Marie Sapirie, Forbes, 21 Oct. 2024
The market appears to consider a good indemnity agreement a sufficient precaution.
—Marie Sapirie, Forbes, 21 Oct. 2024
See all Example Sentences for indemnity 
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Jennifer Jay Palumbo, Forbes, 30 Nov. 2024
Hospital indemnity coverage, meanwhile, starts at about $10 per month, according to Aflac.
—Cheryl Winokur Munk, CNBC, 4 Nov. 2024
Similarly, if there’s indemnity, the seller is given the right to consent to any settlements, and where insurance policies exist the buyer also provides the insurer with audit participation and settlement consent rights.
—Marie Sapirie, Forbes, 21 Oct. 2024
The market appears to consider a good indemnity agreement a sufficient precaution.
—Marie Sapirie, Forbes, 21 Oct. 2024
See all Example Sentences for indemnity
Dictionary Entries Near indemnity
Cite this Entry
“Indemnity.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/indemnity. Accessed 21 Dec. 2024.
Copy CitationKids Definition
indemnity
noun
in·dem·ni·ty
in-ˈdem-nət-ē
plural indemnities
1
: protection from loss, damage, or injury : insurance
2
: freedom from penalty for past offenses
3
: something given to make up for loss, damage, or injury
Medical Definition
indemnity
adjective
in·dem·ni·ty
in-ˈdem-nət-ē
: fee-for-service
an indemnity plan
indemnity insurance
Legal Definition
indemnity
noun
in·dem·ni·ty
in-ˈdem-nə-tē
plural indemnities
1
a
: security against hurt, loss, or damage
b
: exemption from incurred penalties or liabilities
2
b
: something (as a payment) that indemnifies compare contribution
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