An undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a warranty; a security.
An assurance or guarantee.
Something serving as a security for such an undertaking.
The act or process of indemnifying, preserving, or securing against loss, damage, or penalty.
That which indemnifies.
The state of being indemnified.
indemnity
A reimbursement of loss, damage, or penalty.