Part of speech: noun

That which is given as compensation for a loss.

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Usage examples "indemnity":

  1. The discussion whether or not a war is profitable often takes the superficial form of a comparison between the indemnity received and the money expended on the war. - "American World Policies", Walter E. Weyl.
  2. Indemnity, and nothing more- what good would their provinces be to us? - "Short Stories of Various Types", Various.
  3. King Magnus of Sweden, who, according to mutual agreement, had been selected as umpire negotiated peace, on the conditions that King Erik should return to their owners all ships which had been captured, pay an indemnity of six thousand marks and greatly extend the commercial privileges of the Hansa. - "The Story of Norway", Hjalmar H. Boyesen.