indemnity

noun

in·​dem·​ni·​ty in-ˈdem-nə-tē How to pronounce indemnity (audio)
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

Examples of indemnity in a Sentence

an agreement providing indemnity against prosecution has paid $2 million in indemnities
Recent Examples on the Web Gold indemnity objects were sent to London and sold through a Mayfair crown jeweler; a half-century later, some turned up at auction. Christopher Knight, Los Angeles Times, 5 Feb. 2024 Trevi’s cross-complaint makes claims of indemnity against both Jane Does, meaning others hold liability for any injury. Nancy Dillon, Rolling Stone, 28 Dec. 2023 The group previously created an insurance indemnity fund to pay Paradise Valley ranchers for the impacts to their operation created when brucellosis is transmitted from wild elk to domestic cattle. Andrew McKean, Outdoor Life, 21 Dec. 2023 Most licenses, both open-source and proprietary, give limited liability to users and developers and very limited indemnity to copyright infringement. Emilia David, The Verge, 30 Oct. 2023 YouTube, unlike Getty, does not offer indemnity for use of its AI tools. Alex Weprin, The Hollywood Reporter, 28 Sep. 2023 Even more difficult to enforce price gap in the future Since commercial ship typically carry tens of millions of dollars’ worth of cargo or more, they are obliged to get protection and indemnity (P&I) insurance. Bychristiaan Hetzner, Fortune, 25 Sep. 2023 In each of the contracts, the city signed the agreements after Baker had already started working, and took the unusual step of removing an indemnity clause that would have made Baker legally liable for his work. Emily Goodykoontz, Anchorage Daily News, 3 Aug. 2023 The Hartford had denied its coverage obligations under the policies, including coverage for defense costs and indemnity payments associated with the lawsuits, the Boy Scouts of America said. Stephen Singer, courant.com, 14 Sep. 2021 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'indemnity.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

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

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

Dictionary Entries Near indemnity

Cite this Entry

“Indemnity.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/indemnity. Accessed 3 Mar. 2024.

Kids Definition

indemnity

noun
in·​dem·​ni·​ty in-ˈdem-nət-ē How to pronounce indemnity (audio)
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 How to pronounce indemnity (audio)
: fee-for-service
an indemnity plan
indemnity insurance

Legal Definition

indemnity

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

More from Merriam-Webster on indemnity

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