indemnify
/ɪnˈdɛmnɪfʌɪ
/verb (indemnifies, indemnifying, indemnified) [with object]
1Compensate (someone) for harm or loss: each of the parties shall indemnify me for all reasonable costs of defending such actions and proceedings...
- He said he was told at the garage that if he took out an Angel policy then if the repair hire and engineers fees were not recovered from the other driver Angel would indemnify him for his losses.
- However, if it is found that VAT is properly due then you will indemnify us for all losses we suffer arising from not having accounted for such VAT, including interest and any civil penalties properly due.
- Further, Mrs. Boileau shall indemnify him, if he is ever called on to pay any amount referable to the mortgage on the matrimonial home.
Synonyms
reimburse, compensate, recompense, repay, pay back, remunerate, recoup, requite, make restitution/amends to;
settle up with, settle accounts with
1.1Secure (someone) against legal responsibility for their actions: the company has taken out insurance to indemnify its directors against liability when acting for the group...
- In public liability insurance, the insurer agrees to indemnify the insured for legal liability owed to another person who suffers loss or damage by reason of the insured's activities.
- In such cases, the C-corporation seller should be prepared to sign legal documents that will indemnify the buyer against a range of liabilities.
- Shell does not foresee any need to issue a force majeure, a legal document which indemnifies the company if it fails to deliver on contracted sales due to events outside its control, he added.
Synonyms
insure, assure, guarantee, protect, secure, make secure, give security to, warrant;
agree to pay
Derivatives
indemnification
/ noun ...- Admittedly, that article allows the Member States to choose between indemnification and compensation for damage.
- If the settlement of the indemnification is attended with any difficulty (and in those cases difficulties must and will frequently occur), the party at fault must bear the inconvenience.
- The policies do not contemplate unconditional payment of defense costs for potentially covered claims, but only payment of costs if indemnification is required.
indemnifier
- The wells of academe having been thus poisoned, the erstwhile custodians of truth have mutated into the promulgators of lies and the indemnifiers of incitement of various kinds.
- However, his indemnifier, the British-based Medical Defence Union, has referred the case to the new State insurer, the State Claims Agency.
- They can all line up legal teams involving four teams of lawyers - and more if the consultants involved have two different indemnifiers.
Origin
Early 17th century: from Latin indemnis 'unhurt, free from loss or damage', from in- (expressing negation) + damnum 'loss, damage'.