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WordReference Random House Learner's Dictionary of American English © 2024in•dem•ni•fy /ɪnˈdɛmnəˌfaɪ/USA pronunciation v. [~ + object], -fied, -fy•ing. - Businessto compensate for loss sustained, etc.
- Businessto protect against possible loss.
in•dem•ni•fi•ca•tion /ɪnˌdɛmnəfɪˈkeɪʃən/USA pronunciation n. [uncountable] WordReference Random House Unabridged Dictionary of American English © 2024in•dem•ni•fy (in dem′nə fī′),USA pronunciation v.t., -fied, -fy•ing. - Businessto compensate for damage or loss sustained, expense incurred, etc.
- Businessto guard or secure against anticipated loss;
give security against (future damage or liability).
- Latin indemni(s) without loss (see indemnity) + -fy
- 1605–15
in•dem′ni•fi′er, n. - 1.See corresponding entry in Unabridged recompense, reimburse, repay.
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