To save harmless: to secure against loss or damage; to give security for the reimbursement of a person in case of an anticipated loss falling upon him. Also to make good; to make reimbursement to one of a loss already incurred by him.

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Black’s Law Dictionary 1st Edition, page 614:

INDEMNIFY. To save harmless: to secure against loss or damage; to give security for the reimbursement of a person in case of an anticipated loss falling upon him.

Also to make good; to make reimbursement to one of a loss already incurred by him.

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