noun🔗ShareThe act or process of indemnifying, preserving, or securing against loss, damage, or penalty."The rental agreement included an indemnification clause, protecting the landlord from liability if a tenant was injured on the property. "lawbusinessfinanceinsuranceChat with AIVocabulary GamePractice Reading
noun🔗ShareA reimbursement of loss, damage, or penalty."The car insurance policy included indemnification for damage caused by a collision. "businessfinancelawinsuranceChat with AIVocabulary GamePractice Reading
noun🔗ShareThe state of being indemnified."The insurance policy provides indemnification for any damage to the rental car. "businessinsurancelawfinanceChat with AIVocabulary GamePractice Reading
noun🔗ShareThat which indemnifies."The homeowner's insurance policy provided indemnification for the damage caused by the storm. "businessfinanceinsurancelawChat with AIVocabulary GamePractice Reading
noun🔗ShareIndemnity"The rental agreement included a clause providing indemnification to the landlord for any damage caused by the tenant. "businessfinanceinsurancelawChat with AIVocabulary GamePractice Reading
