Indemnify
volume
British pronunciation/ˌɪndˈɛmnɪfˌa‍ɪ/
American pronunciation/ˌɪnˈdɛmnəˌfaɪ/

Definition & Meaning of "indemnify"

to indemnify
01

to repay someone for financial loss, damage, etc. that they have experienced

to indemnify definition and meaning
02

to shield someone from potential financial losses or legal consequences resulting from their actions

example
Example
examples
The rental agreement required the tenant to indemnify the landlord for damages caused to the property beyond normal wear and tear.
The employer agreed to indemnify the employee for any work-related injuries covered by the company's insurance.
As part of the settlement, the business agreed to indemnify the affected customers for the financial losses incurred due to the product recall.
The software company indemnifies its clients against losses resulting from security breaches or data breaches.
The employment contract indemnifies the employer against legal claims related to workplace accidents or injuries.
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