indemnify Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “indemnify” in the English Dictionary

"indemnify" in British English

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indemnifyverb [T]

uk   us   /ɪnˈdem.nɪ.faɪ/ formal or specialized
(Definition of indemnify from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"indemnify" in Business English

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indemnifyverb [T]

uk   us   /ɪnˈdemnɪfaɪ/
INSURANCE, LAW to ​pay someone for ​loss or ​damage that they have suffered, or to ​formally promise to do this: idemnify sb against sth The ​insurer will indemnify the policyholder against ​loss of or ​damage to the motor ​car.idemnify sb for sth The victim was indemnified for ​lostincome. The ​customer shall fully indemnify the ​company against any ​costs or ​expenses.
LAW to ​protect someone from having ​legalresponsibility for something: idemnify sb against sth Directors cannot be indemnified against ​liability for ​negligence.
indemnification
noun [C or U]
Trustees are ​entitled to indemnification forexpenses and liabilities.
(Definition of indemnify from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “indemnify”
in Chinese (Simplified) 保障, 赔偿…的损失…
in Chinese (Traditional) 保障, 賠償…的損失…
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“indemnify” in Business English

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