noun

indemnity

ihn-DEHM-nih-tee

noun

Protection against loss or damage, or compensation paid for such loss.

"The insurance policy provides indemnity against fire damage."

"The company paid an indemnity to workers injured on the job."

How to Use Indemnity

Learner’s notes

In plain EnglishA guarantee or payment that covers you if something goes wrong — common in insurance and legal contracts.

Easily confused with

indemnify

Common pairings

indemnity clause indemnity insurance pay an indemnity

indemnities plural

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Can you complete this real example?

The insurance policy provides _____ against fire damage.

From Late Latin indemnitas, "security from damage," from Latin indemnis ("unharmed"), from in- ("not") + damnum ("damage, loss").

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