INDEMNIFICATION

indemnification

(noun) an act of compensation for actual loss or damage or for trouble and annoyance

damages, amends, indemnity, indemnification, restitution, redress

(noun) a sum of money paid in compensation for loss or injury

Source: WordNet® 3.1

Noun

indemnification (countable and uncountable, plural indemnifications)

The act or process of indemnifying, preserving, or securing against loss, damage, or penalty.

A reimbursement of loss, damage, or penalty.

The state of being indemnified.

That which indemnifies.

(legal) indemnity

Source: Wiktionary

In*dem`ni*fi*ca"tion, n.

1. The act or process of indemnifying, preserving, or securing against loss, damage, or penalty; reimbursement of loss, damage, or penalty; the state of being indemnified. Indemnification is capable of some estimate; dignity has no standard. Burke.

2. That which indemnifies. No reward with the name of an indemnification. De Quincey.

Source: Webster’s Unabridged Dictionary 1913 Edition

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