indemnity
indemnity Lexical Profile
indemnity Game Scores & Validity
• noun
Contractual security or protection against a financial loss, liability, or other legal burden.
"The contractor requested a clause of indemnity in the agreement to protect the firm from third-party lawsuits."
A sum of money paid as compensation or restitution for damage, loss, or injury suffered.
"Following the settlement, the company paid a substantial indemnity to the affected property owners."
Legal exemption from penalties or liabilities incurred by one's actions.
"The officials were granted an act of indemnity for measures taken during the state of emergency."
• Rhymes for indemnity
• Nearby Words
Word Origin & Etymology
Borrowed in the late 15th century from Middle French indemnite, from Late Latin indemnitas ('security against damage'), derived from Latin indemnis ('unhurt, undamaged'), combining in- ('not') and damnum ('loss, damage').