indemnify
pronunciation
How to pronounce indemnify in British English:
UK [ɪnˈdemnɪfaɪ]
How to pronounce indemnify in American English:
US [ɪnˈdɛmnəˌfaɪ]
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- Verb:
- secure against future loss, damage, or liability; give security for
- make amends for; pay compensation for
Word Origin
- indemnify (v.)
- "compensate for loss or expense," 1610s, from Latin indemnis "unhurt" (see indemnity) + -fy. Related: Indemnified; indemnifying.
Example
- 1. Can be based on obligation to indemnify customer for .
- 2. Where the other party sustains any loss due to termination of the contract , the terminating party shall indemnify the other party , unless such loss is due to a reason not attributable to the terminating party .
- 3. Such amount sufficient to indemnify the company completely against any liens against the contractor .
- 4. If the amount of the first currency which may be so purchased ( after deducting any costs of exchange and any other related costs ) is less than the amount so due , the borrower shall indemnify the lender against the shortfall .
- 5. Article 31 an insurer shall be liable to indemnify for damage caused by employees , objects , or animals of the proposer or the insured .