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Definitions

indemnity

[in-dem-ni-tee] / ɪnˈdɛm nɪ ti /
NOUN
reimbursement
Synonyms
Antonyms
STRONGEST


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

"Extra coverage from Russian P&I seems to be the way out for tanker operators," the shipping source said, referring to protection and indemnity insurance providers.

From Reuters

There are two main types of climate disaster insurance: indemnity insurance and parametric insurance.

From Salon

"A lot of these shadow vessels will be able to self-insure or they will be able to be insured by Russian P&I", he added, referring to protection and indemnity insurance.

From Reuters

“Each of you needs to restore, through paying indemnity, the sins committed by your ancestors in history,” he told a group of believers in 1973, instructing them to “shed blood, sweat and tears.”

From New York Times

The insurer said it had initially advised Heard it would provide a legal defense, but under California law, it did not have to provide an indemnity for her actions.

From Los Angeles Times