INDEMNITY


Meaning of INDEMNITY in English

/ ɪnˈdemnəti; NAmE / noun ( pl. -ies ) ( formal or law )

1.

[ U ] indemnity (against sth) protection against damage or loss, especially in the form of a promise to pay for any that happens :

an indemnity clause / fund / policy

indemnity insurance

2.

[ C ] a sum of money that is given as payment for damage or loss

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WORD ORIGIN

late Middle English : from French indemnite , from late Latin indemnitas , from indemnis unhurt, free from loss.

Oxford Advanced Learner's English Dictionary.      Оксфордский английский словарь для изучающик язык на продвинутом уровне.