The meaning of INDEMNITY is security against hurt, loss, or damage. How to use indemnity in a sentence.

An indemnity guarantees compensation equal to the amount of loss subject to the indemnity, while a warranty only guarantees compensation for the reduction in value of the acquired asset due to the …

Sep 18, 2025 · Indemnity is a contractual agreement, commonly found in insurance policies, in which one party agrees to compensate the other for potential losses or damages in exchange for premium …

INDEMNITY definition: 1. protection against possible damage or loss, especially a promise of payment, or the money paid…. Learn more.

Security against damage, loss, or injury. 2. An exemption from liability for damages resulting from specified conduct, as in a contract indemnifying a party for the performance of certain actions. 3. …

Definition of indemnity noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

If something provides indemnity, it provides insurance or protection against damage or loss.

INDEMNITY definition: protection or security against damage or loss. See examples of indemnity used in a sentence.

To indemnify, also known as indemnity or indemnification, means compensating a person for damages or losses they have incurred or will incur related to a specified accident, incident, or event.

Jan 19, 2025 · What Does Indemnity Mean? Indemnity refers to compensation or payment for losses or damages, typically as part of a contractual agreement or insurance policy between two parties—the …