indemnify | Wex | US Law | LII Legal Information Institute To indemnify, also known as indemnity or indemnification, means compensating a person for damages or losses they have incurred or will incur related to a specified accident, incident, or event
INDEMNIFY Definition Meaning | Dictionary. com Indemnify is commonly used in legal contracts to secure protection against being sued or held responsible for an accident The noun form of indemnify is indemnity, which refers to such protection and is often used in phrases like indemnity clause
What Does Indemnify Mean in Law and Contracts? - LegalClarity What Does Indemnify Mean in Law and Contracts? Indemnify means one party agrees to cover another's losses or legal costs — here's how these clauses work and what to watch for before you sign
Indemnify - definition of indemnify by The Free Dictionary 1 insure, protect, guarantee, secure, endorse, underwrite They agreed to indemnify the taxpayers against any loss 2 compensate, pay, reimburse, satisfy, repair, repay, requite, remunerate They don't have the money to indemnify everybody
Indemnify Examples, Processes - Legal Dictionary To indemnify means to compensate another party for losses or damages that have occurred, or which may occur in the future It is a common practice for one party to guarantee it will compensate another party for any loss that may occur due to a contractual obligation
Indemnify Definition - What Does Indemnify Mean? - Legal Explanations Indemnify is a legal term that means to compensate someone for a loss or damage, or to protect them from potential loss or damage The term comes from the Latin word "indemnis," which means "unhurt" or "unharmed "