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indemnity

/ɪnˈdɛmnɪti/ noun

Latin root: indemnitās Wiktionary

noun Definition from Wiktionary (CC BY-SA). Pronunciation from Wiktionary, via Kaikki.org. More about indemnity at Wordnik → Where our words come from →

  1. Security from damage, loss, or penalty.
  2. An obligation or duty upon an individual to incur the losses of another.
  3. Repayment; compensation for loss or injury.

Origin

From late Middle English indempnite, from Middle French indemnité, from Late Latin indemnitās (“security from damage”), from Latin indemnis (“undamaged”), from in- (“not”) + damnum (“damage”).

From Wiktionary, via Kaikki.org (CC BY-SA)