Definitions for: Indemnification


[n] an act of compensation for actual loss or damage or for trouble and annoyance
[n] a sum of money paid in compensation for loss or injury



Webster (1913) Definition: In*dem`ni*fi*ca"tion, n.
1. 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.

Indemnification is capable of some estimate; dignity
has no standard. --Burke.

2. That which indemnifies.

No reward with the name of an indemnification. --De
Quincey.

Synonyms: amends, damages, indemnity, redress, restitution

See Also: actual damages, atonement, compensation, compensation, compensatory damages, exemplary damages, expiation, general damages, nominal damages, punitive damages, recompense, relief, satisfaction, smart money

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