noun
- compensation for harm or loss
- security or protection against a loss or other financial burden
Usage: plural of indemnity
Usage: legal; insurance
Examples
- The insurance company paid indemnities to all flood victims.
- War indemnities were imposed on the defeated nation.
- The contract included clauses for various indemnities.
- Legal indemnities protected the company from lawsuits.
- The government offered indemnities to displaced families.
- Professional indemnities covered the doctor’s malpractice risks.