Indemnity

Meaning

security or protection against a loss or other financial burden; compensation for damage or loss

Security or protection against financial loss or damage; compensation for loss or damage.

Example Sentences

The insurance company provided full indemnity for the damages caused by the flood.

The insurance policy provides indemnity against fire damage.

Example Expressions

seek indemnity

Synonyms

compensation, reimbursement, restitution, reparation, protection, guarantee, security

Entry 1

compensation, reimbursement, restitution, reparation

Entry 2

compensation, reimbursement, protection, guarantee, security

Antonyms

liability, debt, obligation, penalty, loss, damage

Entry 1

liability, debt, obligation, penalty

Entry 2

penalty, loss, damage

Collocations

indemnity insurance, full indemnity, indemnity clause, seek indemnity, provide indemnity

Entry 1

indemnity insurance, full indemnity, indemnity clause

Entry 2

indemnity clause, seek indemnity, provide indemnity, indemnity insurance