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indemnify
(redirected from indemnifying)

    Also found in: Dictionary/thesaurus, Legal, Financial 0.01 sec.
indemnify
[indem′nifī]
to protect against loss or injury by compensating for the loss or injury.


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Following the decision of the court in November 2008 that MMI was liable they have been indemnifying local authorities for claims as they fall due.
Municipal Mutual Insurance and Ian Willett by The Mirror (London, England)
The coverage is triggered when a company is prevented by law from indemnifying its directors, fails or refuses to do so, or is unable to indemnify because it has Filed for bankruptcy.
New D&O product for independents by Panko, Ron / Best's Review
In protecting another party through indemnification, typically the indemnifying party agrees to pay the legal defense costs necessitated by the claim as well as any ultimate settlement or judgment in court.
Using Indemnification Provisions to Manage Liability Exposure by AREND, THOMAS E. / Association Management
 
 
 
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