Indemnity
volume
British pronunciation/ˌɪndˈɛmnɪti/
American pronunciation/ˌɪnˈdɛmnəti/, /ˌɪnˈdɛmnɪti/

Definition & Meaning of "indemnity"

Indemnity
01

a sum of money paid in compensation for loss or injury

02

legal exemption from liability for damages

03

protection against future loss

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