/
ɪnˈdɛmnɪti/
n.
 (pl. indemnities)
  - security or protection against a loss or other financial burden. 
▸security against or exemption from legal responsibility for one's actions.
 - a sum of money paid as compensation, especially by a country defeated in war.
 
Etymology
ME: from Fr. indemnite, from late L. indemnitas, from L. indemnis ‘unhurt, free from loss’, based on damnum ‘loss, damage’.