indemnification

noun

in·​dem·​ni·​fi·​ca·​tion in-ˌdem-nə-fə-ˈkā-shən How to pronounce indemnification (audio)
1
a
: the action of indemnifying
b
: the condition of being indemnified
2

Examples of indemnification in a Sentence

that insurance company is known to be slow when processing claims for indemnification
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
As a result of negotiations with the Claims Conference since 1952, the German government has paid more than $90 billion in indemnification to individuals for suffering and losses resulting from persecution by the Nazis. Staff Report, Sun Sentinel, 9 May 2024 The filing also details various financial agreements, including a loan agreement with J.J. Astor & Co. and a limited receivership related to indemnification obligations. Quartz Bot, Quartz, 14 Nov. 2024 In the United States, that is typically corporate bankruptcy (where the company cannot indemnify due to insolvency) and the settlements of derivative suits where state corporate law does not permit indemnification. Priya Cherian Huskins, Forbes, 9 Oct. 2024 Or Mellow, a contractor management solution that provides the indemnification, specializes in hard-to-reach regions, and uses a transparent 2%, pay-as-you-go model? Matthew Mottola, Forbes, 17 Sep. 2024 See all Example Sentences for indemnification 

Word History

First Known Use

1732, in the meaning defined at sense 1a

Time Traveler
The first known use of indemnification was in 1732

Dictionary Entries Near indemnification

Cite this Entry

“Indemnification.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/indemnification. Accessed 26 Dec. 2024.

Legal Definition

indemnification

noun
in·​dem·​ni·​fi·​ca·​tion in-ˌdem-ni-fə-ˈkā-shən How to pronounce indemnification (audio)
1
a
: the action of indemnifying
b
: the condition of being indemnified
2

More from Merriam-Webster on indemnification

Last Updated: - Updated example sentences
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