say it: in-DEM-nuh-tee
indemnity is a noun meaning "protection against future loss". It carries 3 recorded senses.
protection against future loss
legal exemption from liability for damages
a sum of money paid in compensation for loss or injury
Forms marked · are formed by the regular rule rather than recorded in the source data. English keeps a few hundred irregulars and the rest follow the pattern, so the rule is right far more often than not — but it is a rule, and the mark says so.
Definitions, synonyms and semantic relations for indemnity come from Princeton University’s WordNet. The pronunciation comes from the CMU Pronouncing Dictionary. Commonness is measured against a corpus of everyday English. Full sources and licences.