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Bookmark or Share- Indemnify Definition & Meaning - Merriam-Websterin· dem· ni· fy in-ˈdem-nə-ˌfī. indemnified; indemnifying. Synonyms of indemnify. transitive verb. 1. : to secure against hurt, loss, or damage. 2. : to make compensation to for incurred hurt, loss, or damage. indemnifier. in-ˈdem-nə-ˌfī (-ə)r. noun. Synonyms. compensate. recompense. recoup. remunerate. requite. satisfy.
- INDEMNIFICATION | English meaning - Cambridge Dictionarythe act of paying or promising to pay someone an amount of money if they suffer damage or loss: They asked for some form of indemnification in case the proposed deal was blocked. The government has allocated large sums for the indemnification of farmers whose crops are destroyed. law specialized.
- Indemnification Clauses in Commercial Contracts - Thomson ReutersWhat is indemnification? Indemnification, also referred to as indemnity, is an undertaking by one party (the indemnifying party) to compensate the other party (the indemnified party) for certain costs and expenses, typically stemming from third-party claims.
- Indemnification Clauses in Contracts | NoloA lawyer can help you understand the risks of a one-way indemnification and can negotiate better contract terms on your behalf. An indemnification provision allocates the risk and expense in case of one party's breach, default, or misconduct. Read how and when to use an indemnification clause.
- Indemnification Definition & Meaning - Merriam-WebsterThe meaning of INDEMNIFICATION is the action of indemnifying. the action of indemnifying; the condition of being indemnified; indemnity… See the full definition
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