1 indemnities | Definition of indemnities

indemnity

noun
in·​dem·​ni·​ty | \ in-ˈdem-nÉ™-tÄ“ How to pronounce indemnity (audio) \
plural indemnities

Definition of indemnity

1a : security against hurt, loss, or damage
b : exemption from incurred penalties or liabilities
b : something that indemnifies
3 : fee-for-service usually used attributively an indemnity plan

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Examples of indemnity in a Sentence

an agreement providing indemnity against prosecution has paid $2 million in indemnities

Recent Examples on the Web

But the filmmakers have fought back, asserting that the film not only has been vetted by their U.K. and U.S. counsel but is also covered by its indemnities, thus negating any risk to the distributor. Alex Ritman, The Hollywood Reporter, "Malaysian Money Scandal Movie Threatened by Lawyers for Fugitive Jho Low," 31 July 2019 Corporate indemnity The terms of the settlement seem more than favorable to Facebook, critics pointed out. Irina Ivanova, CBS News, "FTC's record $5 billion Facebook fine less than a tenth of company's revenue," 24 July 2019 Far from covering most of victims’ health care and hospitalization expenses as sales agents promised, the limited benefit hospital indemnity coverage sold by Dorfman paid a maximum of $3,200 a year, the FTC said. Ron Hurtibise, sun-sentinel.com, "Victims will get opportunity to cancel ‘scam’ health insurance plans, judge rules," 14 June 2019 In 2014, the Obama administration moved to require that indemnity plans generally be sold to consumers only as a supplement to traditional health insurance. Anna Wilde Mathews, WSJ, "Bare-Bones Health Policies Are Cheaper Than ACA Plans—and Riskier Too," 18 Apr. 2018 Partnership may wish to address liabilities arising from this change by contractually providing for indemnity and reimbursement obligations from current and former partners. Driscoll Ugarte, miamiherald, "Radical revamp of partnership audit rules will have a broad effect | Miami Herald," 27 Apr. 2018 Shortly after independence, France forced Haiti to accept a crippling indemnity at the threat of a blockade or outright invasion. Dana Snitzky, Longreads, "Is This the Most Crowded Island in the World? (And Why That Question Matters)," 20 Feb. 2018 City Attorney Bill Ferebee said other contractual language, such as the indemnity clause, would be updated to limit the city's liability. Michelle Iracheta, Houston Chronicle, "Shenandoah residents may get high-speed internet soon," 18 Jan. 2018 The Sanchi has full protection and indemnity insurance through the Steamship Mutual P&I club, according to its executive chairman Gary Rynsard. Bloomberg.com, "Crew Aboard Blazing Iranian Oil Tanker May Be Alive, Owner Says," 10 Jan. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'indemnity.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of indemnity

15th century, in the meaning defined at sense 1a

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More Definitions for indemnity

indemnity

noun

English Language Learners Definition of indemnity

law
: a promise to pay for the cost of possible damage, loss, or injury
: a payment made to someone because of damage, loss, or injury

indemnity

adjective
in·​dem·​ni·​ty | \ in-ˈdem-nÉ™t-Ä“ How to pronounce indemnity (audio) \

Medical Definition of indemnity

: fee-for-service an indemnity plan indemnity insurance

indemnity

noun
in·​dem·​ni·​ty | \ in-ˈdem-nÉ™-tÄ“ How to pronounce indemnity (audio) \
plural indemnities

Legal Definition of indemnity

1a : security against hurt, loss, or damage
b : exemption from incurred penalties or liabilities
b : something (as a payment) that indemnifies — compare contribution

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