noun
a sum of money paid as compensation, especially a sum exacted by a victor in war as reparation from the vanquished
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The company required all vendors to provide proof of indemnity in case of any potential legal claims.
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Make sure you have insurance that covers indemnity just in case anything goes wrong.
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I ain't worried about no indemnity, I got it all covered.
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Her unwavering loyalty to her friend was like an indemnity against any harm that may come their way.