indemnification

noun — 4 senses

indemnification

noun

UK /ɪnˌdɛmnɪfɪˈkeɪʃən/ · US /ənˌdɛmnəfəˈkeɪʃən/

1

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

2

A reimbursement of loss, damage, or penalty.

3

The state of being indemnified.

4

That which indemnifies.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.