indemnify - Meaning in Konkani
indemnify - Meaning in Konkani
verb
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indemnify Word Forms & Inflections
Definitions and Meaning of indemnify in English
indemnify verb
- make amends for; pay compensation for
Synonyms
compensate, recompense, repair
Examples
- "One can never fully repair the suffering and losses of the Jews in the Third Reich"
- "She was compensated for the loss of her arm in the accident"
- secure against future loss, damage, or liability; give security for
Example
- "This plan indemnifies workers against wages lost through illness"
Synonyms of indemnify
Description
In contract law, an indemnity is a contractual obligation of one party to compensate the loss incurred by another party due to the relevant acts of the indemnitor or any other party. The duty to indemnify is usually, but not always, coextensive with the contractual duty to "hold harmless" or "save harmless". In contrast, a "guarantee" is an obligation of one party to another party to perform the promise of a relevant other party if that other party defaults.
Also see "Indemnity" on WikipediaAlso See
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What is indemnify meaning in Konkani?
The word or phrase indemnify refers to make amends for; pay compensation for, or secure against future loss, damage, or liability; give security for. See indemnify meaning in Konkani, indemnify definition, translation and meaning of indemnify in Konkani. Find indemnify similar words, indemnify synonyms. Learn and practice the pronunciation of indemnify. Find the answer of what is the meaning of indemnify in Konkani.
Other languages: indemnify meaning in Hindi
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What is indemnify meaning in Konkani, indemnify translation in Konkani, indemnify definition, pronunciations and examples of indemnify in Konkani.
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