verb
- compensating someone for harm, loss, or damage; providing security against legal responsibility for one’s actions
Usage: present participle of indemnify; legal/business context
Examples
- The insurance company is indemnifying the homeowner for flood damage.
- The contract includes a clause indemnifying the contractor against lawsuits.
- The company is indemnifying employees who testify in the investigation.
- By indemnifying the vendor, we protect ourselves from third-party claims.
- The government is indemnifying vaccine manufacturers against certain liabilities.
- The landlord is indemnifying tenants for losses due to construction delays.