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- Dictionaryindemnify/ɪnˈdɛmnɪfʌɪ/
verb
- 1. compensate (someone) for harm or loss: "each of the parties shall indemnify me for all reasonable costs of defending such actions and proceedings" Similar
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The meaning of INDEMNIFY is to secure against hurt, loss, or damage. How to use indemnify in a sentence. Synonym Discussion of Indemnify.
INDEMNIFY definition: 1. to pay or promise to pay someone an amount of money if they suffer damage or loss: 2. to…. Learn more.
Indemnify definition: to compensate for damage or loss sustained, expense incurred, etc.. See examples of INDEMNIFY used in a sentence.
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 indemnify someone against something bad happening means to promise to protect them, especially financially, if it happens.
indemnify somebody (for something) to pay somebody an amount of money because of the damage or loss that they have suffered. The tenant is legally required to indemnify the landlord for any damage caused to the property.
To pay compensation for a loss, damages, or similar expense is to indemnify. "The insurance company indemnified its customers for their claims after the severe storm — one customer lost three cars, a row boat, and a golf cart." The verb indemnify also means to secure against future loss.
To indemnify, also known as indemnity or indemnification, means compensating a person for damages or losses they have incurred or will incur related to a specified accident, incident, or event.
To compensate for loss or damage; to provide security for financial reimbursement to an individual in case of a specified loss incurred by the person.
INDEMNIFY meaning: 1 : to protect (someone) by promising to pay for the cost of possible future damage, loss, or injury; 2 : to give (someone) money or another kind of payment for some damage, loss, or injury.
