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indemnify

in·dem·ni·fy / inˈdemnəˌfī/ • v. (-fies, -fied) [tr.] compensate (someone) for harm or loss: the amount of insurance that may be carried to indemnify the owner in the event of a loss. ∎  secure (someone) against legal responsibility for their actions: the newspaper could not be forced to indemnify the city for personal-injury liability that might result from accidents involving newsracks. DERIVATIVES: in·dem·ni·fi·ca·tion / -ˌdemnəfiˈkāshən/ n. in·dem·ni·fi·er n.

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"indemnify." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. 28 May. 2017 <http://www.encyclopedia.com>.

"indemnify." The Oxford Pocket Dictionary of Current English. . Encyclopedia.com. (May 28, 2017). http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/indemnify

"indemnify." The Oxford Pocket Dictionary of Current English. . Retrieved May 28, 2017 from Encyclopedia.com: http://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/indemnify

Indemnify

INDEMNIFY

To compensate for loss or damage; to provide security for financial reimbursement to an individual in case of a specified loss incurred by the person.

Insurance companies indemnify their policyholders against damage caused by such things as fire, theft, and flooding, which are specified by the terms of the contract between the company and the insured.

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"Indemnify." West's Encyclopedia of American Law. . Encyclopedia.com. 28 May. 2017 <http://www.encyclopedia.com>.

"Indemnify." West's Encyclopedia of American Law. . Encyclopedia.com. (May 28, 2017). http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/indemnify

"Indemnify." West's Encyclopedia of American Law. . Retrieved May 28, 2017 from Encyclopedia.com: http://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/indemnify