Word info Synonyms Antonyms

indemnification

Noun

Meaning

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.

Source: Webster's dictionary

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Examples

Emergency Medical Services Act, those using emergency rescue equipment or performing first aid to save others suffering life-threatening conditions will not be liable for indemnification. Source: Internet

The protection offered by a liability insurance policy is twofold: a legal defense in the event of a lawsuit commenced against the policyholder and indemnification (payment on behalf of the insured) with respect to a settlement or court verdict. Source: Internet

Lefebvre explains: Without debate the Assembly enthusiastically adopted equality of taxation and redemption of all manorial rights except for those involving personal servitude — which were to be abolished without indemnification. Source: Internet

TuneIn reserves the right, in its sole discretion, to assume the exclusive defense and control of any matter that is subject to indemnification under this Section at your sole expense. Source: Internet

It provides a framework and process for investment decisions as well as indemnification for employees who are charged with fiduciary duties. Source: Internet

It is also worth noting that the NYT drew no attention to the counter protests and movements that continue to seek indemnification for opposition violence. Source: Internet

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