Indemnity definition, protection or security against damage or loss. See more.
Indemnify definition, to compensate for damage or loss sustained, expense incurred, etc. See more.
Indemnity definition is - security against hurt, loss, or damage. How to use ... See the full definition for indemnity in the English Language Learners Dictionary.
indemnity meaning: 1. protection against possible damage or loss, especially a promise of payment, or the money paid if there is such damage or loss 2.
indemnity. Indemnity is protection against loss or harm — it is most often used in insurance. If you suffer an injury or there's damage to your house, an indemnity ...
indemnify. To pay compensation for a loss, damages, or similar expense is to indemnify. "The insurance company indemnified its customers for their claims after ...
(Parliamentary Procedure) act of indemnity an act of Parliament granting exemption to public officers from technical penalties that they may have been ...
OverviewTo indemnify another party is to compensate that party for losses that that party has incurred or will incur as related to a specified incident.
indemnity definition: Indemnity is defined as protection from damage, injury, financial loss or legal liability. (noun) When you buy insurance and your insurance ...