What does indemnify mean or Definition?

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List of meaning for indemnify

to provide with a payment for damage or loss

indemnify(verb)

secure against future loss, damage, or liability; give security for

"This plan indemnifies workers against wages lost through illness"

compensate, recompense, repair, indemnify(verb)

make amends for; pay compensation for

"One can never fully repair the suffering and losses of the Jews in the Third Reich"; "She was compensated for the loss of her arm in the accident"

to provide (someone) with a just payment for loss or injury

the company generously indemnifies workers who are injured on the job

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