• indemnity /ɪnˈdemnəti/ 1-protection against damage or loss, especially in the form of a promise to pay for any damage or loss that happens : (배상·보상의) 보장, 배상, 보상 *indemnity (against something) e.g.) an indemnity clause/fund/policy indemnity insurance 2-[countable] a sum of money that is given as payment for damage or loss : 배상[보상]금; (승전국이 요구하는) 배상금 e.g.) Our client will seek an indemnity from ..