INDEMNITY


Meaning of INDEMNITY in English

n. (pl. -ies)

1. a compensation for loss incurred. b a sum paid for this, esp. a sum exacted by a victor in war etc. as one condition of peace.

2 security against loss.

3 legal exemption from penalties etc. incurred.

Etymology: ME f. F indemnit{eacute} or LL indemnitas -tatis (as INDEMNIFY)

Oxford English vocab.      Оксфордский английский словарь.