Indemnifies
/ɪnˈdɛm.nɪ.faɪz/
Definitions
- (v.) Third-person singular form of indemnify, meaning to compensate for harm or loss or to secure against legal liability.
The contract indemnifies the seller against damages arising from defects.
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Commentary
As an inflected form, 'indemnifies' is used chiefly in legal contracts to denote the act of securing protection or compensation on behalf of another party, often in third-person singular present tense.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.