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Definition of indemnification

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noun (n)

  • a sum of money paid in compensation for loss or injury (noun.possession)
    source: wordnet30
  • an act of compensation for actual loss or damage or for trouble and annoyance (noun.act)
    source: wordnet30
  • The act or process of indemnifying, preserving, or securing against loss, damage, or penalty; reimbursement of loss, damage, or penalty; the state of being indemnified. (noun)
    source: webster1913

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