Dictionary indemnify
WebThe definition of indemnify is to protect against loss, injury or damage or to pay someone for a loss they suffered. An example of indemnify is when your insurance provider pays … Webto protect someone against legal responsibility for their actions: He cannot sue, because the government had indemnified the company. The state is required to indemnify …
Dictionary indemnify
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WebTo pay compensation for a loss, damages, or similar expense is to indemnify. "The insurance company indemnified its customers for their claims after the severe storm — … Webindemnify verb [ T ] uk / ɪnˈdem.nɪ.faɪ / us / ɪnˈdem.nə.faɪ / finance & economics formal or specialized to pay or promise to pay someone an amount of money if they suffer damage or loss: In return for a premium, the underwriter agrees to indemnify the insured against losses covered by the insurance.
Webindemnify ( ɪnˈdɛmnɪˌfaɪ) vb ( tr) , -fies, -fying or -fied 1. (Law) to secure against future loss, damage, or liability; give security for; insure 2. to compensate for loss, injury, expense, etc; reimburse inˌdemnifiˈcation n inˈdemniˌfier n WebBritannica Dictionary definition of INDEMNIFY [+ object] law 1 : to protect (someone) by promising to pay for the cost of possible future damage, loss, or injury The policy …
Webindemnified; indemnifying 1 : to insure or protect against loss, damage, or injury 2 : to give something in order to make up for loss, damage, or injury indemnify victims of a disaster indemnification -ˌdem-nə-fə-ˈkā-shən … Webindemnity - English-French Dictionary WordReference.com indemnity Listen: UK:* /ɪnˈdɛmnɪ ti/ US: /ɪnˈdɛmnɪti/ , (in dem′ ni tē) définition Synonymes anglais collocations anglaises Conjugaison [FR] Conjugator [EN] en contexte images Inflections of ' indemnity ' ( n ): npl: indemnities WordReference Collins WR Reverse (5)
WebWhat does indemnification mean? Indemnification is the act of providing protection or security against potential damages or loss or compensating someone for damages or …
WebTo indemnify is to insure someone against potential damages or loss or to compensate someone for damages or money spent. Insurance coverage ind e mnifies a person by … christina orlandoWebOct 28, 2024 · Indemnification means one party agrees to pay losses incurred by another to a third party. For example, if you were a business owner selling Widget XYZ as an original design to a retailer, and your contract with the retailer contains an indemnity clause, you, rather than the retailer, would be responsible to pay the retailer’s legal costs and ... christina orr milwaukeeWebTừ điển dictionary4it.com. Qua bài viết này chúng tôi mong bạn sẽ hiểu được định nghĩa protection & Indemnity (P&I) là gì.Mỗi ngày chúng tôi đều cập nhật từ mới, hiện tại đây là bộ từ điển đang trong quá trình phát triển cho nên nên số lượng từ hạn chế và thiếu các tính năng ví dụ như lưu từ vựng, phiên ... christina orr-westWebDec 27, 2024 · Indemnification is a legal agreement by one party to hold another party blameless – not liable – for potential losses or damages. It is similar to a liability waiver … christina orsiniWebTo save harmless; to secure against loss or damage; to insure. To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate. … gerber agency portalWebIndemnity is protection or security against damage or loss, or compensation for damages or money spent. Insurance coverage provides indemnity to a person (or organization) by … christina on tvWebindemnify verb [ T ] finance & economics formal or specialized uk / ɪnˈdem.nɪ.faɪ / us / ɪnˈdem.nə.faɪ / to protect someone or something against possible damage or loss by … christina orsini broderick