indemnity

[ in-dem-ni-tee ]
/ ɪnˈdɛm nɪ ti /

noun, plural in·dem·ni·ties.

protection or security against damage or loss.
compensation for damage or loss sustained.
something paid by way of such compensation.
protection, as by insurance, from liabilities or penalties incurred by one's actions.
legal exemption from penalties attaching to unconstitutional or illegal actions, granted to public officers and other persons.

Origin of indemnity

1425–75; late Middle English indem(p)nite < Latin indemnitās, equivalent to indemni(s) without loss ( in- in-3 + -demn-, combining form of damn- (stem of damnum loss; see damn) + -is adj. suffix) + -tās -ty2

OTHER WORDS FROM indemnity

an·ti-in·dem·ni·ty, adjective pre·in·dem·ni·ty, noun, plural pre·in·dem·ni·ties.

Example sentences from the Web for indemnity

British Dictionary definitions for indemnity

indemnity
/ (ɪnˈdɛmnɪtɪ) /

noun plural -ties

compensation for loss or damage; reimbursement
protection or insurance against future loss or damage
legal exemption from penalties or liabilities incurred through one's acts or defaults
(in Canada) the salary paid to a member of Parliament or of a legislature
act of indemnity an act of Parliament granting exemption to public officers from technical penalties that they may have been compelled to incur

Word Origin for indemnity

C15: from Late Latin indemnitās, from indemnis uninjured, from Latin in- 1 + damnum damage