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  1. Dictionary
    In·dem·ni·fi·ca·tion
    /inˌdemnəfəˈkāSH(ə)n/

    noun

    • 1. compensation for harm or loss: "the plaintiff sought indemnification for the cost of the suit against the corporation"
  2. 1. a. : the action of indemnifying. b. : the condition of being indemnified. 2. : indemnity sense 2b. Synonyms. compensation. damages. indemnity. quittance. recompense. recoupment. redress. remuneration. reparation. reprisal (s) requital. restitution. satisfaction. See all Synonyms & Antonyms in Thesaurus. Examples of indemnification in a Sentence.

  3. The meaning of INDEMNIFY is to secure against hurt, loss, or damage. How to use indemnify in a sentence. Synonym Discussion of Indemnify.

  4. Indemnification is commonly used in legal contracts to secure protection against being sued or held responsible for an accident. Indemnification can also refer to the state of being indemnified, or to the actual compensation paid.

  5. INDEMNIFICATION definition: 1. the act of paying or promising to pay someone an amount of money if they suffer damage or loss…. Learn more.

  6. The meaning of INDEMNITY is security against hurt, loss, or damage. How to use indemnity in a sentence.

  7. To indemnify, also known as indemnity or indemnification, means compensating a person for damages or losses they have incurred or will incur related to a specified accident, incident, or event.

  8. INDEMNIFY definition: 1. to pay or promise to pay someone an amount of money if they suffer damage or loss: 2. to…. Learn more.

  9. It is the state wherein one is compensated for loss or damage. How to use "indemnification" in a sentence. The contract included a clause about indemnification in case of any damages caused during the lease period. The insurance company's indemnification covers any accident-related costs.

  10. the act of indemnifying; state of being indemnified. something that serves to indemnify ; compensation. Synonyms: indemnity , reparation , amends , payment

  11. Dec 1, 2021 · Indemnifications in legal terms are contractual provisions where one or both parties agree to compensate the other for any harm or loss resulting from damages caused by a third party. Insurance companies may require businesses to indemnify their vendors for liability coverage.

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