indemnity
Indemnity (noun) means Protection against loss or damage, or compensation paid for such loss. Example: “The insurance policy provides indemnity against fire damage.”
How to use indemnity
Learner’s notesIn plain EnglishA guarantee or payment that covers you if something goes wrong — common in insurance and legal contracts.
Word forms
- Plural
- indemnities
Fill the gap
Can you complete this real example?
The insurance policy provides _____ against fire damage.
Etymology
From Late Latin indemnitas, "security from damage," from Latin indemnis ("unharmed"), from in- ("not") + damnum ("damage, loss").