Meaning of the word indemnify in English
What does indemnify mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
indemnify
US /ɪnˈdem.nə.faɪ/
UK /ɪnˈdem.nɪ.faɪ/
Verb
1.
to compensate someone for harm or loss
Example:
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The insurance company agreed to indemnify the policyholder for the damages.
•
The contract states that the contractor will indemnify the client against any losses.
2.
to protect someone from legal responsibility for their actions
Example:
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The company sought to indemnify its directors from personal liability.
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A clause in the agreement was designed to indemnify the landlord against tenant negligence.