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Definitions

indemnification

[in-dem-nuh-fi-key-shuhn] / ɪnˌdɛm nə fɪˈkeɪ ʃən /


Example Sentences

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It said this figure came from "remediation costs and voluntary customer reimbursements", however this figure could change as a result of "potential losses, indemnification claims, and potential recoveries".

From BBC • May 15, 2025

Under Mexican law, such indemnification must be made within years.

From Seattle Times • Apr. 29, 2024

Among the biggest recipients of the agency’s bird flu indemnification funds from 2022 to this year were Jennie-O Turkey Store, which received more than $88 million, and Tyson Foods, which was paid nearly $30 million.

From New York Times • Apr. 2, 2024

The company's Copilot Copyright Commitment extends Microsoft's existing intellectual property indemnification coverage to copyright claims relating to the use of its AI-powered assistants called Copilots and Bing Chat Enterprise.

From Reuters • Sep. 7, 2023

If the indemnification is not previously paid, the courts shall protect the owners and, if needed, restore to them the property.

From The History of Cuba, vol. 4 by Johnson, Willis Fletcher