Definition of indemnify

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Indemnify (v. t.) To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate..

Lern More About Indemnify

Insurance :: Insurance (n.) The act of insuring, or assuring, against loss or damage by a contingent event; a contract whereby, for a stipulated consideration, called premium, one party undertakes to indemnify or guarantee another against loss by certain specified risks. Cf. Assurance, n., 6..
Answerable :: Answerable (a.) Obliged to answer; liable to be called to account; liable to pay, indemnify, or make good; accountable; amenable; responsible; as, an agent is answerable to his principal; to be answerable for a debt, or for damages..
Indemnifying :: Indemnifying (p. pr. & vb. n.) of Indemnif.
Policy :: Policy (n.) The writing or instrument in which a contract of insurance is embodied; an instrument in writing containing the terms and conditions on which one party engages to indemnify another against loss arising from certain hazards, perils, or risks to which his person or property may be exposed. See Insurance..
Indemnify :: Indemnify (v. t.) To save harmless; to secure against loss or damage; to insure.
Insurer :: Insurer (n.) One who, or that which, insures; the person or company that contracts to indemnify losses for a premium; an underwriter..
Reimburse :: Reimburse (v. t.) To make restoration or payment of an equivalent to (a person); to pay back to; to indemnify; -- often reflexive; as, to reimburse one's self by successful speculation..
Premium :: Premium (n.) A sum of money paid to underwriters for insurance, or for undertaking to indemnify for losses of any kind..
Assure :: Assure (v. t.) To insure; to covenant to indemnify for loss, or to pay a specified sum at death. See Insure..
Recoupe :: Recoupe (v. t.) To reimburse; to indemnify; -- often used reflexively and in the passive.
Warrant :: Warrant (n.) To secure to, as a purchaser of goods, the title to the same; to indemnify against loss..
Indemnification :: Indemnification (n.) The act or process of indemnifying, preserving, or securing against loss, damage, or penalty; reimbursement of loss, damage, or penalty; the state of being indemnified..
Repair :: Repair (v. t.) To make amends for, as for an injury, by an equivalent; to indemnify for; as, to repair a loss or damage..
Indemnify :: Indemnify (v. t.) To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate..
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