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Definition of indemnify
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of indemnify is as below...
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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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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