Other forms: indemnified, indemnifying
To indemnify is to promise to make good somebody's losses. Indemnify the buyer, fully indemnified, an indemnity clause.
It is the heart of insurance and of a great many contracts, since indemnifying somebody means bearing their loss for them if it happens. The Latin means to make undamaged.
1verbindemnifyTo promise to make good somebody's losses.
“The insurance company agreed to indemnify the homeowners for the flood damage.”
indemnify is a compensating.
From indemnis, unhurt, from in- plus damnum, damage, plus -ify.
Proto-Indo-European
*deh₂p-
English, today
indemnify
From indemn + -ify
Etymology from Wiktionary, CC BY-SA