indemnify Definition
- 1compensate (someone) for harm or loss
- 2secure (someone) against legal liability for their actions
Using indemnify: Examples
Take a moment to familiarize yourself with how "indemnify" can be used in various situations through the following examples!
Example
The insurance company will indemnify you for the damages.
Example
The contract requires the contractor to indemnify the client against any legal action.
Example
The government agreed to indemnify the victims of the disaster.
Example
The company will indemnify its employees against any legal claims.
indemnify Synonyms and Antonyms
Synonyms for indemnify
Phrases with indemnify
a contractual provision that requires one party to compensate the other for specified types of losses or damages
Example
The contract includes an indemnity clause that protects the client from any legal action.
an insurance policy that provides protection against financial losses resulting from legal claims
Example
The company purchased indemnity insurance to protect itself from any legal claims.
a type of surety bond that guarantees compensation to the obligee if the principal fails to perform their duties
Example
The contractor provided an indemnity bond to guarantee the completion of the project.
Origins of indemnify
from Latin 'indemnus', meaning 'unhurt'
Summary: indemnify in Brief
'Indemnify' [inˈdemnəˌfī] means to compensate someone for harm or loss, or to secure them against legal liability. It is often used in legal and financial contexts, such as 'The contract requires the contractor to indemnify the client against any legal action.' Other phrases include 'indemnity clause,' 'indemnity insurance,' and 'indemnity bond.' Synonyms include 'reimburse' and 'compensate.'
