indemnity
Concise Oxford English Dictionary © 2008 Oxford University Press:
indemnity /ɪnˈdɛmnɪti/
▶noun (pl. indemnities)
- 1 security or protection against a loss or other financial burden.
■ security against or exemption from legal responsibility for one's actions.
- 2 a sum of money paid as compensation, especially by a country defeated in war.
– origin ME: from Fr. indemnite, from late L. indemnitas, from L. indemnis ‘unhurt, free from loss’, based on damnum ‘loss, damage’.
'indemnity' also found in these Oxford entries:
