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English Fox - English Dictionary
Meaning of
indemnity
in English
indemnity
us
/ˈɪn.dəm.ɪ.ti/
uk
/ˈɪn.də.mɪ.ti/
#uncommon
Plural
indemnities
Definitions
Noun
protection
from
loss
or
penalty
;
security
The
company
provided
indemnity
to
its
employees
against
work-related
injuries
.
compensation
for
loss
or
damage
The
insurance
policy
offered
indemnity
for
damages
caused
by
natural
disasters
.
obligation
to
cover
another's
losses
The
contract
included
a
clause
of
indemnity
to
protect
the
client
from
financial
losses
.
right
to
shift
loss
to
the
responsible
party
The
company
claimed
indemnity
from
the
supplier
for
the
defective
products
they
provided
.
restoring
financial
condition
to
pre-loss
state