🇬🇧 en fr 🇫🇷

indemnity noun

  /ɪnˈdɛmnɪti/
  • Repayment; compensation for loss or injury.
 indemnité
  • (insurance) A principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before the loss occurred, no better, no worse.
 compensation
  • (legal) An obligation or duty upon an individual to incur the losses of another.
 garantie
letter of indemnity
lettre de garantie
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