indemnity

noun

Save Word

in·dem·ni·ty | \ in-ˈdem-nə-tē

plural indemnities

Definition of indemnity

1a : security against hurt, loss, or damage

b : exemption from incurred penalties or liabilities

2a : indemnification sense 1

b : something that indemnifies

3 : fee-for-service —usually used attributively an indemnity plan

Synonyms Example Sentences Phrases Containing indemnity Learn More About indemnity

Examples of indemnity in a Sentence

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

Recent Examples on the Web The show, produced after the start of the pandemic, was not eligible for SVOG funds and was without the benefit of indemnity as insurers would no longer cover new productions for losses due to COVID. — Caitlin Huston, The Hollywood Reporter, 11 July 2022 The state paid Fairchild Whitetails $298,000 in indemnity. — Paul A. Smith, Milwaukee Journal Sentinel, 27 May 2022 Protection and indemnity, meanwhile, covers against liability from third parties, as in the cases of collision or pollution. — Julie Steinberg, WSJ, 7 May 2022 The side that lost would, in the course of negotiations, cede a border march or a colony to the victor or pay an indemnity. — Mark Antonio Wright, National Review, 26 May 2022 Details are unclear, since the companies are still arguing with each other over an indemnity agreement. — Ed Silverman, STAT, 14 May 2022 To help bring down the cost, the groups offer guidance on maximizing all sorts of arcane systems, from hotel rewards to credit-card points to hospital indemnity insurance. — New York Times, 10 May 2022 Wouldn't Chicago have been smart to take an indemnity deal and reveal the truths of Burge's conduct much earlier, Bell wondered. — Bruce Vielmetti, Milwaukee Journal Sentinel, 25 Apr. 2022 Nineteen of the 37 have been depopulated and indemnity paid to the owners. — Paul A. Smith, Milwaukee Journal Sentinel, 20 Feb. 2022 See More

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.