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Definition of indemnity
indemnities
1a : security against hurt, loss, or damageb : exemption from incurred penalties or liabilities
2a : indemnification 1b : something that indemnifies
3 : fee-for-service —usually used attributively an indemnity plan
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Examples of indemnity in a Sentence
an agreement providing indemnity against prosecution
has paid $2 million in indemnities
Recent Examples of indemnity from the Web
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Episode 3 (Chapter 55) Double Indemnity, a tale of romantic collusion and transportation-related murder, is obviously a fitting film for Claire and Frank to watch each election day.
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Citing the liability ruling, Mr. Trump’s lawyers contended in legal filings on May 5 that Mr. Heimbach’s indemnity claim should be dismissed on the same grounds.
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The plaintiffs in the case, who sell fixed indemnity insurance, said the federal rule would essentially destroy the market for such products.
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Protection and indemnity insurance is required by international law for all vessels over 1,000 gross tons in size.
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.
First Known Use of indemnity
15th century
Other Economics Terms
INDEMNITY Defined for English Language Learners
indemnity
playDefinition of indemnity for English Language Learners
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: a promise to pay for the cost of possible damage, loss, or injury
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: a payment made to someone because of damage, loss, or injury
Medical Dictionary
indemnity
playMedical Definition of indemnity
: fee-for-service an indemnity plan indemnity insurance
Law Dictionary
indemnity
playLegal Definition of indemnity
indemnities
1a : security against hurt, loss, or damage b : exemption from incurred penalties or liabilities
2a : indemnification 1 b : something (as a payment) that indemnifies — compare contribution
Learn More about indemnity
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See words that rhyme with indemnity Thesaurus: All synonyms and antonyms for indemnity Spanish Central: Translation of indemnity Nglish: Translation of indemnity for Spanish speakers Britannica English: Translation of indemnity for Arabic speakers Britannica.com: Encyclopedia article about indemnity
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