indemnity (Meaning)

Wordnet

indemnity (n)

protection against future loss

legal exemption from liability for damages

a sum of money paid in compensation for loss or injury

Webster

indemnity (n.)

Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty.

Indemnification, compensation, or remuneration for loss, damage, or injury sustained.

indemnity Sentence Examples

  1. The insurance policy provided indemnity for any financial losses incurred due to an accident.
  2. The government offered indemnity to victims of natural disasters, providing them with compensation for their losses.
  3. The construction contract included an indemnity clause that protected the owner from any claims arising from the work performed.
  4. The company sought indemnity from its employees for any liability resulting from negligent actions.
  5. The court ruled that the accused was entitled to indemnity from the co-defendant who had caused the injury.
  6. The homeowner had an insurance policy that provided indemnity against lawsuits for injuries sustained on their property.
  7. The corporate board passed a resolution indemnifying its officers and directors against any legal expenses or liability.
  8. The warranty on the product stated that the manufacturer would provide indemnity for any defects or malfunctions.
  9. The settlement agreement included an indemnity clause that prevented future claims against the defendant.
  10. The attorney negotiated an indemnity agreement that protected the client from financial consequences in the event of an adverse outcome.

FAQs About the word indemnity

protection against future loss, legal exemption from liability for damages, a sum of money paid in compensation for loss or injurySecurity; insurance; exemption

damages, reparation,compensation, indemnification, reimbursement, satisfaction, punishment, remuneration, recoupment,restitution

No antonyms found.

The insurance policy provided indemnity for any financial losses incurred due to an accident.

The government offered indemnity to victims of natural disasters, providing them with compensation for their losses.

The construction contract included an indemnity clause that protected the owner from any claims arising from the work performed.

The company sought indemnity from its employees for any liability resulting from negligent actions.