- 1(law) [uncountable] indemnity (against something) protection against damage or loss, especially in the form of a promise to pay for any that happens an indemnity clause/fund/policy indemnity insurance
Want to learn more?
Find out which words work together and produce more natural sounding English with the Oxford Collocations Dictionary app.
- 2[countable] a sum of money that is given as payment for damage or loss
Check pronunciation: indemnity