Indemnification

C2 16+

Pronunciation: /ɪnˌdɛmnɪfɪˈkeɪʃən/

Definitions of indemnification

noun a noun referring to the act of indemnifying or the state of being indemnified, which means to secure against legal liability or loss

Example Sentences

A1 I had to sign an indemnification agreement before participating in the event.

A2 The company provided indemnification to protect its employees from legal liabilities.

B1 The insurance policy included an indemnification clause for any damages caused by the insured party.

B2 The contract stipulated that any indemnification claims must be submitted within 30 days of the incident.

C1 The lawyer negotiated a settlement that included indemnification for the client's financial losses.

C2 The company's board of directors approved the indemnification of the CEO in case of any legal disputes.

Examples of indemnification in a Sentence

formal The contract includes a clause for indemnification in case of any legal claims.

informal Make sure you read the fine print for any indemnification details before signing the agreement.

slang I've got your back, consider it an indemnification against any trouble.

figurative Her kindness served as an indemnification for the harshness of the world.

Grammatical Forms of indemnification

past tense

indemnified

plural

indemnifications

comparative

more indemnified

superlative

most indemnified

present tense

indemnifies

future tense

will indemnify

perfect tense

has indemnified

continuous tense

is indemnifying

singular

indemnification

positive degree

indemnification

infinitive

to indemnify

gerund

indemnifying

participle

indemnified

Origin and Evolution of indemnification

First Known Use: 1601 year
Language of Origin: Latin
Story behind the word: The word 'indemnification' originated from the Latin word 'indemnificare', which means to secure against loss.
Evolution of the word: Initially used in legal contexts to refer to the act of securing someone against legal responsibility or loss, the term has evolved to encompass a broader range of contexts including insurance and financial transactions.