indemnity — in·dem·ni·ty /in dem nə tē/ n pl ties 1 a: security against hurt, loss, or damage b: exemption from incurred penalties or liabilities 2 a: indemnification (1) b: something (as a payme … Law dictionary
indemnity — in‧dem‧ni‧ty [ɪnˈdemnti] noun indemnities PLURALFORM 1. [uncountable] INSURANCE protection against loss or damage, especially in the form of an official written promise to pay for any losses or damage: • Every full time employee at our firm… … Financial and business terms
Indemnity — In*dem ni*ty, n.; pl. {Indemnities}. [L. indemnitas, fr. indemnis uninjured: cf. F. indemnit[ e]. See {Indemnify}.] [1913 Webster] 1. Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of … The Collaborative International Dictionary of English
indemnity — The act of one party protecting or guaranteeing protection, or freedom from liability, of a third party for actions of that party. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
indemnity — (n.) mid 15c., from M.Fr. indemnité (14c.), from L.L. indemnitatem (nom. indemnitas) security for damage, from L. indemnis unhurt, undamaged, from in not, opposite of, without (see IN (Cf. in ) (1)) + damnum damage (see DAMN (Cf … Etymology dictionary
indemnity — *reparation, redress, amends, restitution … New Dictionary of Synonyms
indemnity — ► NOUN (pl. indemnities) 1) security or protection against a loss or other financial burden. 2) security against or exemption from legal responsibility for one s actions. 3) a sum of money paid as compensation, especially by a country defeated in … English terms dictionary
indemnity — [in dem′ni tē] n. pl. indemnities [Fr indemnité < LL indemnitas < L indemnis: see INDEMNIFY] 1. protection or insurance against loss, damage, etc. 2. legal exemption from penalties or liabilities incurred by one s actions 3. repayment or… … English World dictionary
Indemnity — An indemnity is a sum paid by A to B by way of compensation for a particular loss suffered by B. The indemnifying party (A) may or may not be responsible for the loss suffered by the indemnified party (B). Forms of indemnity include cash payments … Wikipedia
indemnity — [[t]ɪnde̱mnɪti[/t]] indemnities 1) N UNCOUNT If something provides indemnity, it provides insurance or protection against damage or loss. [FORMAL] They were charged with failing to have professional indemnity cover... Political exiles had not… … English dictionary
Indemnity — Compensation for damages or loss. Indemnity in the legal sense may also refer to an exemption from liability for damages. The concept of indemnity is based on a contractual agreement made between two parties, in which one party agrees to pay for… … Investment dictionary
