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indemnify: 1 v secure against future loss, damage, or liability; give security for “This plan indemnifies workers against wages lost through illness” Type of: cover , insure , underwrite protect by insurance v make amends for; pay compensation for Synonyms: compensate , recompense , repair Types: give deliver in exchange or recompense Type of: ...
2 meanings: 1. to secure against future loss, damage, or liability; give security for; insure 2. to compensate for loss,.... Click for more definitions.
Aug 27, 2015 · To indemnify means to compensate another party for losses or damages that have occurred, or which may occur in the future. It is a common practice for one party to guarantee it will compensate another party for any loss that may occur due to a contractual obligation. To explore this concept, consider the indemnify definition.
Definition of indemnify verb in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
Definition of indemnify verb in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
indemnity: [noun] security against hurt, loss, or damage. exemption from incurred penalties or liabilities.
Define indemnify. indemnify synonyms, indemnify pronunciation, indemnify translation, English dictionary definition of indemnify. tr.v. in·dem·ni·fied , in·dem·ni·fy·ing , in·dem·ni·fies 1. To protect against damage, loss, or injury; insure.
