indemnity
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5 ENTRIES FOUND:

in·dem·ni·ty

noun \in-ˈdem-nə-tē\
plural in·dem·ni·ties

Definition of INDEMNITY

1
a : security against hurt, loss, or damage
b : exemption from incurred penalties or liabilities
2
a : indemnification 1
b : something that indemnifies
3
: fee-for-service —usually used attributively <an indemnity plan>

Examples of INDEMNITY

  1. an agreement providing indemnity against prosecution
  2. has paid $2 million in indemnities

First Known Use of INDEMNITY

15th century

Other Economics Terms

actuary, compound interest, globalization, portfolio, rentier, stagflation, usurer

Rhymes with INDEMNITY

in·dem·ni·ty

adjective \in-ˈdem-nət-ē\   (Medical Dictionary)

Medical Definition of INDEMNITY

: fee-for-service <an indemnity plan> <indemnity insurance>

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