indemnity.

1. An undertaking or protection against specified loss or liability.

2. A payment that compensates for a specified loss under a relevant agreement or obligation.

3. Legal protection against specified liability or penalty.

Use it for

Words that belong together

• contractual indemnity
• indemnity provision

On the page

The indemnity provision identified which losses the agreement covered.

The contractual indemnity did not cover the unrelated expense.

Usage notes

Primary category: academic / formal. Forms: Singular indemnity; plural indemnities. Also uncountable. Legacy lexical fields mirror sense 1 only. Use numbered sense fields for all meanings. Established modern English lexical item. No separate regional spelling or grammatical inflection entry. Writing functions: responsibility analysis, evidence qualification, ethical distinction, institutional judgment. Disciplines: academic writing, ethics, legal-administrative reasoning. Commonness: moderately common.