Indemnification

[In*dem`ni*fi*ca·tion]

Did your dog eat your landlord's lawn furniture? Did your loud partying make your neighbors move out? You may find yourself paying an indemnification, meaning compensation for damages or distress.

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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.

Noun
an act of compensation for actual loss or damage or for trouble and annoyance

Noun
a sum of money paid in compensation for loss or injury


n.
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.

n.
That which indemnifies.


Indemnification

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

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.

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Usage Examples
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