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indemnification
noun as in compensation
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Example Sentences
They want the government to ensure that when the expropriation takes place, the indemnification payment is distributed amongst all residents and former residents.
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".
No announcement was made as to the amount the companies would be paid as indemnification for their properties.
“The idea that officers need indemnification is frankly absurd,” said Alexander A. Reinert, a professor at the Benjamin N. Cardozo School of Law in New York.
It promises “full indemnification for commercial use” and is meant to avoid the intellectual property risks that have made businesses wary of using generative AI tools.
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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
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