🛡️indemnity

Meaning

Security or protection against financial loss or damage; compensation for loss or damage.

security or protection against a loss or other financial burden; compensation for damage or loss

Example Sentences

The insurance policy provides indemnity against fire damage.

The insurance company provided full indemnity for the damages caused by the flood.

Example Expressions

seek indemnity

Synonyms

compensation, reimbursement, protection, guarantee, security, restitution, reparation

Entry 1

compensation, reimbursement, protection, guarantee, security

Entry 2

compensation, reimbursement, restitution, reparation

Antonyms

penalty, loss, damage, liability, debt, obligation

Entry 1

penalty, loss, damage

Entry 2

liability, debt, obligation, penalty

Collocations

indemnity clause, seek indemnity, provide indemnity, indemnity insurance, full indemnity

Entry 1

indemnity clause, seek indemnity, provide indemnity, indemnity insurance

Entry 2

indemnity insurance, full indemnity, indemnity clause