indemnification


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in·dem·ni·fi·ca·tion

 (ĭn-dĕm′nə-fĭ-kā′shən)
n.
1.
a. The act of indemnifying.
b. The condition of being indemnified.
2. Something that indemnifies; a compensation for loss.

in•dem•ni•fi•ca•tion

(ɪnˌdɛm nə fɪˈkeɪ ʃən)

n.
1. the act of indemnifying or the state of being indemnified.
2. something that serves to indemnify.
[1725–35]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.indemnification - a sum of money paid in compensation for loss or injuryindemnification - a sum of money paid in compensation for loss or injury
compensation - something (such as money) given or received as payment or reparation (as for a service or loss or injury)
relief - (law) redress awarded by a court; "was the relief supposed to be protection from future harm or compensation for past injury?"
actual damages, compensatory damages, general damages - (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated
nominal damages - (law) a trivial sum (usually $1.00) awarded as recognition that a legal injury was sustained (as for technical violations of a contract)
exemplary damages, punitive damages, smart money - (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)
atonement, expiation, satisfaction - compensation for a wrong; "we were unable to get satisfaction from the local store"
2.indemnification - an act of compensation for actual loss or damage or for trouble and annoyance
recompense, compensation - the act of compensating for service or loss or injury

indemnification

noun
Translations

indemnification

[ɪnˌdemnɪfɪˈkeɪʃən] Nindemnización f

indemnification

n
(= compensation)Schadensersatz m, → Entschädigung f(for für); (= sum received)Schadensersatz (→ summe f) m, → Entschädigung(ssumme) f; (for expenses) → Erstattung f (→ for +gen)
(→ gegen) (= safeguard)Absicherung f; (= insurance)Versicherung f
References in classic literature ?
Our Order soon adopted bolder and wider views, and found out a better indemnification for our sacrifices.
Your captivity shall be mild, be assured; and as every inconvenience deserves its indemnification, here is, in addition to the price of the studs, an order for a thousand pistoles, to make you forget the annoyance I cause you.
She owes me certainly a recompense for all I did for Anne of Austria, and an indemnification for all she has not done for me.
Buckingham, hereupon, gave a slight start, took his right thumb out of the left corner of his mouth, and, by way of indemnification inserted his left thumb in the right corner of the aperture above-mentioned.
He added that the sum would have been left her all the same in his will, and that therefore she must not consider the gift as in any way an indemnification to her for anything, but that there was no reason, after all, why a man should not be allowed to entertain a natural desire to lighten his conscience, etc.
If she accepted this money it was not to be considered as indemnification for her misfortune as a young girl, which had not been in any degree her own fault, but merely as compensation for her ruined life.
Without a few hours of relaxation," continued Miss Jones, "of private indemnification for the toilsome virtues displayed in public, who could wade through days of correct behaviour?
26, 2014 /PRNewswire/ -- On November 25, 2014, the Corporation entered into an Indemnification Agreement ("Indemnification Agreement") with each of the directors of the Corporation.
And have you considered including a separate contractual indemnification provision in your supplier or distribution agreements that specifically targets your intellectual property rights?
Indemnification and additional insured coverage are separate routes to the same objective: getting someone else to pay for a loss when it happens.
The sidebar above illustrates the factors to be considered in complying with item 303, shows the CERCLA disclosure requirements and indicates the SEC will scrutinize a company's disclosure reports, with particular attention to key factors such as anticipated environmental liability expenses, availability of insurance coverage and the prospect of third-party indemnification or contributions for damages.
The legislation calls for removing the indemnification provisions from the Dodd-Frank Act, which require U.