indemnify

/in-ˈdem-nə-ˌfī/

Latin indemnis unharmed, from in- + damnum damage

verb

  1. to secure against hurt, loss, or damage

  2. to make compensation to for incurred hurt, loss, or damage

pay compensate remunerate satisfy reimburse indemnify repay recompense mean to give money or its equivalent in return for something. pay implies the discharge of an obligation incurred. compensate implies a making up for services rendered.