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indemnify
/ɪnˈdɛmnəˌfaɪ/
US
UK
verb
-fies; -fied; -fying
[+ obj] law
to protect (someone) by promising to pay for the cost of possible future damage, loss, or injury
The
policy
indemnifies
[=
insures
]
you
against
/
for
any
losses
caused
by
fire
. [=
the
policy
promises
that
if
fire
destroys
things
that
you
own
,
you
will
be
given
money
to
buy
new
things
]
to give (someone) money or another kind of payment for some damage, loss, or injury
He
was
required
to
indemnify [=
compensate
]
his
neighbor
for
the
damage
he
caused
.