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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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to pay or promise to pay someone an amount of money if they suffer damage or loss: indemnify someone against something In return for a premium, the underwriter agrees to indemnify the insured against losses covered by the insurance.
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: to compensate for damage or loss sustained, expense incurred, etc.. See examples of INDEMNIFY used in a sentence.
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.
indemnify somebody (against something) to promise to pay somebody an amount of money if they suffer any damage or loss. The contract indemnifies them against loss of earnings.
the act of paying or promising to pay someone an amount of money if they suffer damage or loss: They asked for some form of indemnification in case the proposed deal was blocked. The government has allocated large sums for the indemnification of farmers whose crops are destroyed. law specialized.
indemnify somebody (for something) to pay someone 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 indemnify someone against something bad happening means to promise to protect them, especially financially, if it happens. [ formal ] They agreed to indemnify the taxpayers against any loss.
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. 2. To make compensation to for damage, loss,...
indemnify meaning, definition, what is indemnify: to promise to pay someone if something t...: Learn more.
