noun, plural indemnities.
protection or security against damage or loss.
compensation for damage or loss sustained.
something paid by way of such compensation.
protection, as by insurance, from liabilities or penalties incurred by one's actions.
legal exemption from penalties attaching to unconstitutional or illegal actions, granted to public officers and other persons.

1425–75; late Middle English indem(p)nite < Latin indemnitās, equivalent to indemni(s) without loss (in- in-3 + -demn-, combining form of damn- (stem of damnum loss; see damn) + -is adj. suffix) + -tās -ty2

anti-indemnity, adjective
preindemnity, noun, plural preindemnities. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
indemnity (ɪnˈdɛmnɪtɪ)
n , pl -ties
1.  compensation for loss or damage; reimbursement
2.  protection or insurance against future loss or damage
3.  legal exemption from penalties or liabilities incurred through one's acts or defaults
4.  (in Canada) the salary paid to a member of Parliament or of a legislature
5.  act of indemnity an act of Parliament granting exemption to public officers from technical penalties that they may have been compelled to incur
[C15: from Late Latin indemnitās, from indemnis uninjured, from Latin in-1 + damnum damage]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin & History

mid-15c., from M.Fr. indemnité (1367), from L.L. indemnitatem (nom. indemnitas) "security for damage," from L. indemnis "unhurt, undamaged," from in- "not" + damnum "damage."
Online Etymology Dictionary, © 2010 Douglas Harper
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