Definition, Meaning & Synonyms
indemnifies
verb
/ɪnˈdɛmnɪfaɪz/
Definition
To compensate for harm or loss; to secure against legal responsibility for one’s actions.
Examples
- His insurance policy indemnifies him against any property damage.
- They designed the contract to indemnify the company from potential lawsuits.
- She was indemnified for her losses during the event.
Meaning
The act of providing compensation or protection from financial loss or legal liability.
Synonyms
- compensates
- reimburses
- protects
