indemnity

Found in Anh - Anh (Wordnet)

Definition Noun : A sum of money paid in compensation for loss or injury : "Indemnity" refers to a financial payment made to cover a specific loss, damage, or injury. Legal exemption from liability for damages : "Indemnity" can mean a formal security or protection against legal responsibility for future losses or penalties. Protection against future loss : More broadly, "indemnity" signifies a...