in
dem
ni
ty
Plural
indemnities
1
an amount of money that must be paid to someone for a loss, injury, or damage
- The contractor will be responsible for paying indemnity if any property is damaged during construction.
- After the accident, the driver received an indemnity to cover the costs of his medical treatment.
- The insurance policy provides indemnity for any damage caused by a natural disaster.
- The court ordered the defendant to pay an indemnity to the victims for the damages caused during the protest.
- The company offers indemnity to employees who suffer injuries while on the job.
2
exemption from legal accountability
- By signing the agreement, the consultant receives indemnity from any lawsuits related to the project.
- The new policy will offer indemnity to employees, shielding them from legal consequences for decisions made within the scope of their work.
- If the indemnity clause is enforced, the corporation will be absolved from any liability in the event of an accident.
- The contract includes a clause that provides indemnity, protecting the company from legal action by its partners.
- The agreement granted the company indemnity from any claims arising from its subcontractors' mistakes.
3
protection against future loss
Synonyms: