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
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
The organization is protesting against a looming labor reform that will see their unemployment indemnities slashed by more than half.
—Elsa Keslassy, Variety, 7 May 2024
See all Example Sentences for indemnity 
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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
The organization is protesting against a looming labor reform that will see their unemployment indemnities slashed by more than half.
—Elsa Keslassy, Variety, 7 May 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 Nov. 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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