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Meaning of indemnify

in•dem•ni•fy

Pronunciation: (in-dem'nu-fī"), [key]
— -fied, -fy•ing.
  1. to compensate for damage or loss sustained, expense incurred, etc.
  2. to guard or secure against anticipated loss; give security against (future damage or liability).
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also:
indemnification indemnitee