"Indemnified" Pronounce,Meaning And Examples

"Indemnified" Natural Recordings by Native Speakers

Indemnified

"Indemnified" Meaning

Compensated or financially protected from loss or damage; freed from liability or responsibility.

"Indemnified" Examples

Usage Examples of "Indemnified"

1. Contractual Obligation

The company agreed to indemnify the developers in case of any lawsuits arising from the software's use.

2. Financial Settlement

The insurance company indemnified the homeowners against damages caused by the natural disaster.

3. Legal Protection

The corporation was indemnified against any liabilities in the merger agreement.

4. Historical Context

During the Middle Ages, knights were often indemnified by the crown for their military services.

5. Business Termination

In the event of termination, the company agreed to indemnify the employees for any benefits earned during their employment.

"Indemnified" Similar Words

Indelibility

Indelible

Indelibly

Indelicacies

Indelicacies refers to something that is immodest, indecent, or coarse in behavior, language, or tastes. It can also describe something that is impolite, uncivilized, or offensive, often in a humorous or whimsical way.

Indelicacy

Indelicacy refers to the lack of tact, sensitivity, or refinement in speech or behavior, often causing offense or embarrassment. It may involve using coarse language, being impolite, or making uncouth remarks.

Indelicate

Indelicate refers to lacking in tact or delicacy; prone to speaking or doing things in a blunt or tactless manner. It can also describe something that is crude, unrefined, or lacking in sensitivity.

Indemnification

Indemnification is the act of compensating someone for losses or damages resulting from an event or situation. It is a form of protection or compensation, often provided by a third party, such as an insurance company, a contract, or a law, which ensures that the injured party does not suffer a financial loss. In business, indemnification is often included in contracts to protect against potential claims or lawsuits. For example, a company may indemnify its employees for medical expenses or legal fees resulting from an accident that occurs while they are performing their job duties.

Indemnifications

Indemnifier

An indemnifier is a person or entity that agrees to compensate another party for any loss or damage that may occur as a result of a specific event or situation. In other words, they provide financial protection or indemnification to another party against a specific risk or liability.