indemnifier Definition
a person or entity that provides indemnification, or compensation for loss or damage suffered by another party.
Using indemnifier: Examples
Take a moment to familiarize yourself with how "indemnifier" can be used in various situations through the following examples!
Example
The company acted as an indemnifier for the damages caused by their product.
Example
The bank required a co-signer to act as an indemnifier for the loan.
Example
The insurance company is the indemnifier in case of any accidents.
indemnifier Synonyms and Antonyms
Synonyms for indemnifier
Summary: indemnifier in Brief
An 'indemnifier' [ɪnˈdɛmnɪfaɪər] is a person or entity that provides compensation for loss or damage suffered by another party. It is often used in legal and financial contexts, such as when a company acts as an indemnifier for damages caused by their product or when a bank requires a co-signer to act as an indemnifier for a loan. Synonyms include 'guarantor,' 'underwriter,' and 'insurer.'
