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Webster's New World College Dictionary » indemnity
indemnity
indemnity definition
in·dem·nity (in dem′ni tē)
noun pl. indemnities -·ties
- protection or insurance against loss, damage, etc.
- legal exemption from penalties or liabilities incurred by one's actions
- repayment or reimbursement for loss, damage, etc.; compensation
Etymology: Fr indemnité < LL indemnitas < L indemnis: see indemnify
Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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