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- DictionaryIn·dem·ni·fy/inˈdemnəˌfī/
verb
- 1. compensate (someone) for harm or loss: "the amount of insurance that may be carried to indemnify the owner in the event of a loss"
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 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.
To indemnify someone against something bad happening means to promise to protect them, especially financially, if it happens.
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.
indemnify. verb. /ɪnˈdɛmnəˌfaɪ/. (law) Verb Forms. indemnify somebody (against something) to promise to pay someone 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.
1. a. : the action of indemnifying. b. : the condition of being indemnified. 2. : indemnity sense 2b. Synonyms. compensation. damages. indemnity. quittance. recompense. recoupment. redress. remuneration. reparation. reprisal (s) requital. restitution. satisfaction. See all Synonyms & Antonyms in Thesaurus. Examples of indemnification in a Sentence.
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.
