Thursday, August 27, 2015

INDEMNITY

WORD: INDEMNITY

MEANING:
1. Security against damage, loss, or injury.
2. An exemption from liability for damages resulting from specified conduct, as in a contract indemnifying a party for the performance of certain actions.
3. Compensation for damage, loss, or injury suffered.
4. insurance, cover, security

EXAMPLE/USAGE:
1. double indemnity
2. The vicarious nations are demanding huge indemnities from their former enemies.

PRONOUNCE:
in·dem·ni·ty - इन्डेम्नटी / इन्डेम्निटी / इन्डेम्निटी

LINK: INDEMNITY

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