indemnity

noun

in·​dem·​ni·​ty in-ˈdem-nə-tē 

plural indemnities

1

a

: security against hurt, loss, or damage

b

: exemption from incurred penalties or liabilities

2

a

: indemnification sense 1

b

: something that indemnifies

3

: fee-for-service

—usually used attributively

an indemnity plan

Synonyms

• compensation
• damages
• indemnification
• quittance
• recompense
• recoupment
• redress
• remuneration
• reparation
• reprisal(s)
• requital
• restitution
• satisfaction

Examples of indemnity in a Sentence

an agreement providing indemnity against prosecution

has paid $2 million in indemnities

Recent Examples on the Web

Through November 2024, the government had paid about $1.25 billion in indemnity and compensation, according to the USDA. —Evan Bush, NBC News, 9 Mar. 2025

The company maintains that its warranty reserves, subcontractor indemnities, and third-party insurance are adequate to cover potential liabilities. —Quartz Intelligence Newsroom, Quartz, 7 Mar. 2025

France has a unique system which allows freelance workers within the film and TV industries to receive benefits – or indemnities — during their unemployment periods. —Elsa Keslassy, Variety, 6 May 2024

And design innovative risk-reward models that complement traditional indemnity solutions. —Avivah Wittenberg-Cox, Forbes, 21 Feb. 2025

Word History

First Known Use

15th century, in the meaning defined at sense 1a

Phrases Containing indemnity

• double indemnity

Rhymes for indemnity

• solemnity

Kids Definition

indemnity

noun

in·​dem·​ni·​ty in-ˈdem-nət-ē 

plural indemnities

1

: protection from loss, damage, or injury : insurance

2

: freedom from penalty for past offenses

3

: something given to make up for loss, damage, or injury

Medical Definition

indemnity

adjective

in·​dem·​ni·​ty in-ˈdem-nət-ē 

: fee-for-service

an indemnity plan

indemnity insurance

Legal Definition

indemnity

noun

in·​dem·​ni·​ty in-ˈdem-nə-tē 

plural indemnities

1

a

: security against hurt, loss, or damage

b

: exemption from incurred penalties or liabilities

2

a

: indemnification sense 1

b

: something (as a payment) that indemnifies compare contribution