Definition
To promise you will pay for someone else's mistakes, which is basically what parents do for eighteen years but in contract form. The legal equivalent of saying "don't worry, I got you" to a corporation.
Example Usage
"The contract requires us to indemnify the client against all losses, which is lawyer-speak for we are holding the bag if anything goes sideways."
Related Terms
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See “Indemnify” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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