indemnify
verb (used with object), in·dem·ni·fied, in·dem·ni·fy·ing.
OTHER WORDS FROM indemnify
in·dem·ni·fi·er, noun pre·in·dem·ni·fy, verb (used with object), pre·in·dem·ni·fied, pre·in·dem·ni·fy·ing. un·in·dem·ni·fied, adjectiveWords nearby indemnify
VOCAB BUILDER
What does indemnify mean?
To indemnify is to insure someone against potential damages or loss or to compensate someone for damages or money spent.
Insurance coverage indemnifies a person by insuring them for certain potential situations, such as damages to their property from natural disasters or accidents. Indemnify is commonly used in legal contracts to secure protection against being sued or held responsible for an accident. The noun form of indemnify is indemnity, which refers to such protection and is often used in phrases like indemnity clause.
Example: The whole purpose of car insurance is to indemnify you in case you get into an accident—buying insurance after an accident happens won’t cover you.
Where does indemnify come from?
The first records of indemnify come from the 1600s. It comes from the Latin indemni(s), meaning “without loss.” This is formed from the prefix in-, which has a negating effect equivalent to un-, and demn-, from damnum, meaning “loss.”
Indemnify is most commonly used in the context of insurance and legal contracts. Insurance coverage indemnifies the policy holder, meaning it protects against financial liability for damages or loss. Damages refers to those that happen to a piece of property like a car or house, or to injuries suffered by a person. Loss refers to things like the loss of income one might experience because they can’t work. If a person is indemnified for these things, they get compensated for (at least part of) the money lost or spent.
In corporate law, an indemnity agreement can indemnify a company’s executives against personally being sued if the company is sued.
Indemnify is sometimes used in a metaphorical way to mean “to protect,” as in Your wealth will not indemnify you from disease.
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What are some other forms related to indemnify?
- indemnity (noun)
- indemnification (noun)
- indemnifier (noun)
- preindemnify (verb)
- indemnified (past tense verb, adjective)
- unindemnified (adjective)
What are some words that share a root or word element with indemnify?
What are some words that often get used in discussing indemnify?
How is indemnify used in real life?
Indemnify is most commonly used in a technical way in the context of insurance and legal contracts, but it is sometimes used in a metaphorical way.
NBA announces agreement with Sterling trust, calls off hearing. Rochelle Sterling agrees to indemnify league from lawsuit by husband.
— Scott Cacciola (@ScottCacciola) May 30, 2014
Security deposit is not rent. It is to indemnify the landlord. By NY law, the landlord must hold that money in escrow. So the landlord does not have access to those funds. This will kill small landlords.
— NYSkdiver (@NYSkdiver) March 25, 2020
Faith does not indemnify us in a crisis. It prepares me for who, what, and where I need to be in order to navigate this thing more effectively. 🙌🏾 Kem ya’ll
— Kyraa' † (@KyraLoveee) March 30, 2020
Try using indemnify!
Is indemnify used correctly in the following sentence?
This coverage indemnifies you in the event of flooding.