Definition of Indemnify
Indemnify
in·dem·ni·fy
Definition/Meaning
(verb)
To protect or compensate someone for loss or damage.
e.g. The insurance company will indemnify us against any financial losses.
(verb)
to insure someone against legal liability for their actions, or to secure someone or something against loss, damage, or harm;
e.g. It would be wise to indemnify your team so that you are not penalized for making a mistake.
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