in ‧ dem ‧ ni ‧ ty /ɪnˈdemnəti, ɪnˈdemnɪti/ BrE AmE noun ( plural indemnities ) law
1 . [uncountable] protection against loss or damage, especially in the form of a promise to pay for any losses or damage:
insurance providing indemnity against future liabilities
2 . [countable] a payment for the loss of money, goods etc ⇨ compensation