Legal Definition of Hold harmless: An agreement in which one party agrees to protect the other party from liability for any damage that may occur in connection with a particular transaction, such as a lease | Gain a solid understanding of the legal definition of hold harmless and how it can protect your business interests. Learn practical examples of hold harmless agreements in leasing and construction projects. Discover the importance of these agreements in preventing legal disputes and financial losses. Safeguard your business and ensure smoother transactions by incorporating hold harmless into your contracts. Consult a legal professional for guidance to ensure enforceability