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Definition of indemnity

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noun (n)

  • protection against future loss (noun.state)
    Synonym: insurance
    source: wordnet30
  • legal exemption from liability for damages (noun.state)
    source: wordnet30
  • a sum of money paid in compensation for loss or injury (noun.possession)
    source: wordnet30
  • Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty. (noun)
    source: webster1913

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