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Indemnifying: meaning, definitions and examples

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indemnifying

 

[ ɪnˈdɛmnɪfaɪɪŋ ]

Verb
Context #1 | Verb

legal context

Indemnifying refers to the act of compensating someone for harm or loss they have incurred. This often occurs in legal agreements, where one party agrees to cover the costs and damages that another party may face due to particular actions or events. The concept is rooted in protecting individuals or entities against financial loss or liability. Indemnification may include covering legal fees, settlements, or other related expenses. It is a critical aspect of contracts, insurance policies, and risk management strategies.

Synonyms

compensate, reimburse, repay

Examples of usage

  • The insurance policy indemnifies the policyholder against theft.
  • The contractor agreed to indemnify the client for any damages.
  • He requested indemnification for the legal expenses incurred during the case.

Translations

Translations of the word "indemnifying" in other languages:

🇵🇹 indemnizando

🇮🇳 क्षतिपूर्ति करना

🇩🇪 entschädigend

🇮🇩 memberikan ganti rugi

🇺🇦 відшкодування

🇵🇱 odszkodowujący

🇯🇵 補償する

🇫🇷 indemniser

🇪🇸 indemnizando

🇹🇷 tazmin eden

🇰🇷 보상하는

🇸🇦 تعويض

🇨🇿 odškodňující

🇸🇰 odškodňujúci

🇨🇳 赔偿的

🇸🇮 odškodninski

🇮🇸 bætandi

🇰🇿 өтемақы беретін

🇬🇪 ზიანის ანაზღაურება

🇦🇿 təzmin edən

🇲🇽 indemnizando

Etymology

The term 'indemnify' traces its origins to the Latin word 'indemnitas', meaning 'without loss'. The root 'damnum' refers to harm or loss, which is central to the concept of indemnification. The word began to be used in English in the late 15th century, primarily within legal contexts, where it described the action of guarding against financial losses. Over time, the usage expanded into various fields such as insurance, business contracts, and general risk management. As societies developed more complex legal systems, indemnification became a fundamental principle to ensure that parties would not be financially burdened by the actions of others. Today, indemnifying clauses are common in contracts, providing a framework for liability and compensation.

Word Frequency Rank

This word's position of #30,060 indicates it's among the more rare English words. While understanding it broadens your vocabulary, focus on more common words first.