Definition of Indemnify
Indemnify
in·dem·ni·fy
Definition/Meaning
(verb)
to provide someone with compensation for some loss, damage or harm;
e.g. The insurance company will indemnify you for the possessions that you lost in the fire.
(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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