Definition of Indemnification
to reimburse or repay due to damage, injury or deficit
Examples of Indemnification in a sentence
Due to a clause for indemnification, the neighborβs teenager had to give his allowance to the neighbor for weeks until the broken window was repaid. π
During the car crash court hearing, the plaintiff requested indemnification from the defendant to be made whole since she needed her medical bills paid. π
Insurance companies offer policies including indemnification in case its customers get robbed and need to have their items replaced. π
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