indemnification

Did your dog eat your landlord's lawn furniture? Did your loud partying make your neighbors move out? You may find yourself paying an indemnification, meaning compensation for damages or distress.

  • Pronunciation: /ɪn,demnɪfɪ'keɪʃən/
  • English description: a sum of money paid in compensation for loss or injury
  • Synonyms: amends
  • Chinese Translation:  赔偿(pei2 chang2)
  • Spanish Translation: la indemnización
  • ORIGIN: More often than not, an indemnification is usually arranged up-front as a form of insurance against bad things that might happen. For example, a film crew might agree to indemnification before being allowed to film in a particular location. Indemnification has the general sense of being a preventative action, something that protects against any future losses.

EXAMPLE SENTENCE:

  • Should the association get sued, your documentation may aid your defense should indemnification become an issue.
  • Other claims were filed by creditors, individuals and parishes seeking indemnification against abuse allegations.

*New word description, story and part of "EXAMPLE SENTENCE" are cited in Vocabulary.com