„Indemnify“
What does Indemnify stand for?
1. To compensate for actual loss sustained.
2. To give security for the reimbursement of a person in case of an anticipated loss falling upon him.
Source:
Legal and RegulatoryView all itemsScott, R. E. & Kraus, J. S. (2007). Contract Law and Theory. LexisNexis. p. 372.