indemnification

Definitions of "indemnification"
  1. It is the act of compensating for loss or damage
  2. It is the state wherein one is compensated for loss or damage
How to use "indemnification" in a sentence
  1. The contract included a clause about indemnification in case of any damages caused during the lease period.
  2. The insurance company's indemnification covers any accident-related costs.
  3. Due to indemnification policy, the victim received compensation to cover medical expenses.
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