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save harmless

   Also found in: Financial, Wikipedia, Hutchinson 0.04 sec.

save harmless (hold harmless) v. 1) to indemnify (protect) another from harm or cost. 2) to agree to guarantee that any debt, lawsuit or claim which may arise as a result of a contract or contract performance will be paid or taken care of by the party making the guarantee. Example: the seller of a business agrees to "save harmless" the buyer from any unknown debts of the business. (See: indemnify, hold harmless)


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