A legal exemption from liability for damages.(noun)
Compensation for damage, loss, or injury suffered. See Synonyms at reparation.(noun)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
Use "indemnity" in a sentence
"The objective of this plan is to make propaganda about the so called genocide, to have it recognised, to obtain indemnity and to acquire land from Turkey."
"Venturelaw Blogspot (via good post by rick segal): In a financing, some VCs argue that it is not enough to rely on contractual remedies or to a receive an indemnity from the Company."
"This exhibition is supported by an indemnity from the Federal Council on the Arts and the Humanities."