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Legal Dictionary

indemnify

Legal Definition of indemnify

Verb

  1. To compensate for loss or damage sustained
  2. To make good (a loss)
  3. To give security against future loss or punishment to

Definition of indemnify

Etymology

    From Latin indemnis (“ unhurt”), from in- (“not”) + damnum (“hurt, damage”).

Pronunciation

  • IPA: /ɪnˈdɛm.nɪ.faɪ/, SAMPA: /In"dEm.nI.faI/
  • Audio (US) [?]

Verb

indemnify (third-person singular simple present indemnifies, present participle indemnifying, simple past and past participle indemnified)

  1. To secure against loss or damage; to insure.

    1670, Sir William Temple, letter to Lord Arlington, in The Works of Sir William Temple, page 101:
    The states must at last engage to the merchants here that they will indemnify them from all that shall fall out.

  2. (chiefly law) To compensate or reimburse someone for some expense or injury

    1906, Civil Code of the State of California, page 405:
    The lender of a thing for use must indemnify the borrower for damage caused by defects or vices in it, which he knew at the time of lending, and concealed from the borrower.

Related terms

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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