Definitions

1. verb

to relieve from a legal obligation or liability, especially by paying a sum of money

“The company had to indemnify its employees against any lawsuits resulting from their work.”

2. verb

to protect or secure someone or something against financial loss or damage

“The insurance policy was designed to indemnify the homeowner against natural disasters.”

3. verb

to free from a charge or penalty, especially by paying a fine or compensation

“The court ordered the defendant to indemnify the victim for the damages caused.”

4. noun

the act of relieving someone from a legal obligation or liability

“The indemnification clause in the contract provided protection for both parties.”