indemnity

noun
in·​dem·​ni·​ty | \ in-ˈdem-nə-tē How to pronounce indemnity (audio) \
plural indemnities

Definition of indemnity

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

Keep scrolling for more

Examples of indemnity in a Sentence

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

Recent Examples on the Web

Ultimately, the court allowed Tenet’s bankruptcy to go forward, with the indemnity agreement in place. Patricia Callahan, New York Times, "The Human Cost of Amazon’s Fast, Free Shipping," 5 Sep. 2019 Ultimately, the court allowed Tenet’s bankruptcy to go forward, with the indemnity agreement in place. Patricia Callahan, ProPublica, "How Amazon Hooked America on Fast Delivery While Avoiding Responsibility for Crashes," 5 Sep. 2019 But the filmmakers have fought back, asserting that the film not only has been vetted by their U.K. and U.S. counsel but is also covered by its indemnities, thus negating any risk to the distributor. Alex Ritman, The Hollywood Reporter, "Malaysian Money Scandal Movie Threatened by Lawyers for Fugitive Jho Low," 31 July 2019 Corporate indemnity The terms of the settlement seem more than favorable to Facebook, critics pointed out. Irina Ivanova, CBS News, "FTC's record $5 billion Facebook fine less than a tenth of company's revenue," 24 July 2019 Far from covering most of victims’ health care and hospitalization expenses as sales agents promised, the limited benefit hospital indemnity coverage sold by Dorfman paid a maximum of $3,200 a year, the FTC said. Ron Hurtibise, sun-sentinel.com, "Victims will get opportunity to cancel ‘scam’ health insurance plans, judge rules," 14 June 2019 In 2014, the Obama administration moved to require that indemnity plans generally be sold to consumers only as a supplement to traditional health insurance. Anna Wilde Mathews, WSJ, "Bare-Bones Health Policies Are Cheaper Than ACA Plans—and Riskier Too," 18 Apr. 2018 Partnership may wish to address liabilities arising from this change by contractually providing for indemnity and reimbursement obligations from current and former partners. Driscoll Ugarte, miamiherald, "Radical revamp of partnership audit rules will have a broad effect | Miami Herald," 27 Apr. 2018 Shortly after independence, France forced Haiti to accept a crippling indemnity at the threat of a blockade or outright invasion. Dana Snitzky, Longreads, "Is This the Most Crowded Island in the World? (And Why That Question Matters)," 20 Feb. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'indemnity.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of indemnity

15th century, in the meaning defined at sense 1a

Keep scrolling for more

Learn More about indemnity

Statistics for indemnity

Last Updated

20 Sep 2019

Look-up Popularity

Time Traveler for indemnity

The first known use of indemnity was in the 15th century

See more words from the same century

Keep scrolling for more

More Definitions for indemnity

indemnity

noun

English Language Learners Definition of indemnity

law
: a promise to pay for the cost of possible damage, loss, or injury
: a payment made to someone because of damage, loss, or injury

indemnity

adjective
in·​dem·​ni·​ty | \ in-ˈdem-nət-ē How to pronounce indemnity (audio) \

Medical Definition of indemnity

: fee-for-service an indemnity plan indemnity insurance

indemnity

noun
in·​dem·​ni·​ty | \ in-ˈdem-nə-tē How to pronounce indemnity (audio) \
plural indemnities

Legal Definition of indemnity

1a : security against hurt, loss, or damage
b : exemption from incurred penalties or liabilities
b : something (as a payment) that indemnifies — compare contribution

Keep scrolling for more

Comments on indemnity

What made you want to look up indemnity? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

miscellaneous remnants or debris

Get Word of the Day daily email!

Test Your Vocabulary

The Exceptions Quiz III

  • one green toy robot amidst many red toy robots
  • Which of these words does not mean "nonsense"?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Word Winder's CrossWinder

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!