indemnification
🇺🇸
/ɪnˌdemnɪfɪˈkeɪʃn/
🇬🇧
/ɪnˌdemnɪfɪˈkeɪʃn/
noun
R
A promise to give someone money if they lose or get damaged something.
The company provided indemnification to the employee for the loss of their personal belongings during the office fire.
R
The money given to someone because they have been damaged or lost something.
The court ordered indemnification to the victim for the injuries they suffered in the accident.
translation
A promise to give someone money if they lose or get damaged something.; The money given to someone because they have been damaged or lost something.
Word Forms
Plural
indemnifications