indemnification
1indemnification — in·dem·ni·fi·ca·tion /in ˌdem ni fə kā shən/ n 1 a: the action of indemnifying b: the condition of being indemnified 2: indemnity (2b) Merriam Webster’s Dictionary of Law. Merriam W …
2Indemnification — 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. [1913 Webster] Indemnification is capable of some …
3indemnification — (n.) 1732, noun of action from INDEMNIFY (Cf. indemnify) …
4indemnification — [in dem΄ni fi kā′shən] n. 1. an indemnifying or being indemnified 2. something that indemnifies; recompense SYN. REPARATION …
5indemnification — indemnify in‧dem‧ni‧fy [ɪnˈdemnfaɪ] verb indemnified PTandPP 1. [intransitive, transitive] LAW to promise to pay for a financial loss that a person or organization may have: • You can be indemnified against claims for professional negligence,… …
6indemnification — n. to pay indemnification for * * * [ɪnˌdemnɪfɪ keɪʃ(ə)n] to pay indemnification for …
7indemnification — indemnify ► VERB (indemnifies, indemnified) 1) compensate (someone) for harm or loss. 2) secure (someone) against legal responsibility for their actions. DERIVATIVES indemnification noun indemnifier noun …
8Indemnification Method — A technique for calculating termination payments when a swap is ended early. The indemnification method requires the responsible counterparty to compensate the nonresponsible counterparty for all losses and damages caused by the early termination …
9indemnification agreement — An agreement in which the borrower promises to protect the bank or reimburse the bank for any damages, claims, costs, penalties, or liabilities that may arise from some problem. For example, the bank may obtain an indemnification agreement to… …
10indemnification — noun Date: 1732 1. a. the action of indemnifying b. the condition of being indemnified 2. indemnity 2b …
