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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

Example Sentences

an agreement providing indemnity against prosecution has paid $2 million in indemnities
Recent Examples on the Web Twenty-one of the 38 have been depopulated and indemnity paid to the owners. Paul A. Smith, Journal Sentinel, 4 Aug. 2022 Twenty of the 38 have been depopulated and indemnity paid to the owners. Paul A. Smith, USA TODAY, 26 July 2022 The federal indemnity is from a U.S. Department of Agriculture account funded by taxpayer dollars. Paul A. Smith, Journal Sentinel, 4 Aug. 2022 Additionally, employees can choose to participate in additional supplemental benefits such as life insurance, disability, critical illness, hospital indemnity, accident insurance, and more without any additional cost to the company. The Salt Lake Tribune, 1 Aug. 2022 Federal indemnity will be used to compensate Seale for the elimination of the captive herd, according to Kevin Hoffman, DATCP public information officer. Paul A. Smith, USA TODAY, 26 July 2022 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 See More

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

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