Words / C1

in-DEMN-uh-tee/ɪnˈdemnəti/

Indemnity is protection against legal or financial loss, or a payment to cover that loss: professional indemnity, an indemnity clause. Indemnify (already in the dictionary) is the verb; insurance (already in the dictionary) is the everyday cousin. A crest on the wall is branding, not cover.

Meaning

Protection against legal or financial loss; also a payment to cover loss.

Examples

• “A crest on the wall is not indemnity; the insurer’s letter is.”
• “Insurance is already in this course. Compensation is already in this course and is the payout twin. A crest is a logo. A letter is a file. File the letter; then hang the crest.”

Good to know

Protection against loss, or compensation. Verb: indemnify (already in the dictionary). A crest ≠ an insurer’s letter.

Near in meaning

insurance, compensation, cover

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