indemnify
🇺🇸
/ɪnˈdemnɪfaɪ/
🇬🇧
/ɪnˈdemnɪfaɪ/
To compensate someone for a loss or damage they have suffered.
The insurance policy will indemnify you if your car gets stolen.
To protect someone from financial loss by promising to compensate them.
The company agreed to indemnify the employees for any injury they might suffer at work.