Indemnification

Pronunciation

• Rhymes: -eɪʃən

Full definition of indemnification

Noun

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.
5. (legal) indemnity