Indemnity | Mean of indemnity in English Dictionary

/ɪnˈdɛmnəti/

  • Noun
  • a promise to pay for the cost of possible damage, loss, or injury
    1. an agreement providing indemnity against prosecution/loss
    2. an indemnity plan/agreement
  • a payment made to someone because of damage, loss, or injury
    1. has paid $2 million in indemnities

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