What does INDEMNIFY mean?

Definitions for INDEMNIFY
ɪnˈdɛm nəˌfaɪin·dem·ni·fy

This dictionary definitions page includes all the possible meanings, example usage and translations of the word INDEMNIFY.

Princeton's WordNet

  1. indemnifyverb

    secure against future loss, damage, or liability; give security for

    "This plan indemnifies workers against wages lost through illness"

  2. compensate, recompense, repair, indemnifyverb

    make amends for; pay compensation for

    "One can never fully repair the suffering and losses of the Jews in the Third Reich"; "She was compensated for the loss of her arm in the accident"

Wiktionary

  1. indemnifyverb

    To secure against loss or damage; to insure.

  2. indemnifyverb

    To compensate or reimburse someone for some expense or injury

Samuel Johnson's Dictionary

  1. To Indemnifyverb

    Etymology: in and damnify.

    Insolent signifies rude and haughty, indemnify to keep safe. Isaac Watts.

Wikipedia

  1. indemnify

    In contract law, an indemnity is a contractual obligation of one party (the indemnitor) to compensate the loss incurred by another party (the indemnitee) due to the relevant acts of the indemnitor or any other party. The duty to indemnify is usually, but not always, coextensive with the contractual duty to "hold harmless" or "save harmless". In contrast, a "guarantee" is an obligation of one party (the guarantor) to another party to perform the promise of a relevant other party if that other party defaults. Indemnities form the basis of many insurance contracts; for example, a car owner may purchase different kinds of insurance as an indemnity for various kinds of loss arising from operation of the car, such as damage to the car itself, or medical expenses following an accident. In an agency context, a principal may be obligated to indemnify their agent for liabilities incurred while carrying out responsibilities under the relationship. While the events giving rise to an indemnity may be specified by contract, the actions that must be taken to compensate the injured party are largely unpredictable, and the maximum compensation is often expressly limited.

ChatGPT

  1. indemnify

    To indemnify means to compensate for harm or loss, to secure against legal responsibility, or to protect someone by promising to cover the cost of potential damages or loss. It is often used in relation to insurance policies, legal settlements, or contracts, where one party agrees to bear the financial burden of potential risks for another party.

Webster Dictionary

  1. Indemnifyverb

    to save harmless; to secure against loss or damage; to insure

  2. Indemnifyverb

    to make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate

  3. Etymology: [L. indemnis unhurt (in- not + damnum hurt, damage) + -fy. Cf. Damn, Damnify.]

Chambers 20th Century Dictionary

  1. Indemnify

    in-dem′ni-fī, v.t. (with against) to secure against loss: to make good for damage done: to give security against:—pa.p. indem′nified.ns. Indemnificā′tion, act of indemnifying: that which indemnifies; Indem′nitor, one who indemnifies; Indem′nity, security from damage, loss, or punishment: compensation for loss or injury.—Act of Indemnity, an act or decree for the protection of public officers from any technical or legal penalties or liabilities they may have been compelled to incur. [Fr.,—L. indemnis, unharmed—in, not, damnum, loss, facĕre, to make.]

Matched Categories

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Numerology

  1. Chaldean Numerology

    The numerical value of INDEMNIFY in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of INDEMNIFY in Pythagorean Numerology is: 9

Examples of INDEMNIFY in a Sentence

  1. Bill Morneau:

    We are willing to indemnify the Trans Mountain expansion against unnecessary delays that are politically motivated.

  2. Bill Morneau:

    That specific risk (Horgan's opposition) is a risk that for a private sector player is impossible to deal with. They can't negotiate between governments, we see that as something we can actually indemnify. Other business risks are other business risks - anybody going into the business of building pipelines recognizes other risks.

  3. Neel Chatterjee:

    This arbitration was not about trade secrets but about employees leaving Google for new opportunities and an engineer being used as a pawn by two tech giants, google fought tooth and nail to take back every penny paid to Anthony Levandowski for Anthony Levandowski multibillion dollar contributions and now Uber is refusing to indemnify Anthony Levandowski despite explicitly agreeing to do so.

Popularity rank by frequency of use

INDEMNIFY#10000#24417#100000

Translations for INDEMNIFY

From our Multilingual Translation Dictionary

  • schadlos halten, Indemnität erteilen, sicherstellen, wiedergutmachenGerman
  • hyvittää, taata, korvata, turvata, vakuuttaaFinnish
  • kártalanít, biztosít, kárpótol, fedez, térítHungarian
  • vergoeden, verzekeren, indekkenDutch
  • erstatteNorwegian
  • ubezpieczyć, zabezpieczyć, wynagrodzić, wypłacić odszkodowaniePolish
  • assegurar, proteger, indenizarPortuguese
  • возместить, возмещать, застраховать, страховатьRussian
  • teminat vermek, dokunulmazlık vermek, tazmin etmek, kefil olmak, korumakTurkish

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"INDEMNIFY." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/INDEMNIFY>.

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    a numerical quantity measured or assigned or computed
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