释义 |
indemnification
in·dem·ni·fi·ca·tion I0098400 (ĭn-dĕm′nə-fĭ-kā′shən)n.1. a. The act of indemnifying.b. The condition of being indemnified.2. Something that indemnifies; a compensation for loss.in•dem•ni•fi•ca•tion (ɪnˌdɛm nə fɪˈkeɪ ʃən) n. 1. the act of indemnifying or the state of being indemnified. 2. something that serves to indemnify. [1725–35] ThesaurusNoun | 1. | indemnification - a sum of money paid in compensation for loss or injuryamends, damages, redress, restitution, indemnitycompensation - something (such as money) given or received as payment or reparation (as for a service or loss or injury)relief - (law) redress awarded by a court; "was the relief supposed to be protection from future harm or compensation for past injury?"actual damages, compensatory damages, general damages - (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensatednominal damages - (law) a trivial sum (usually $1.00) awarded as recognition that a legal injury was sustained (as for technical violations of a contract)exemplary damages, punitive damages, smart money - (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct)atonement, expiation, satisfaction - compensation for a wrong; "we were unable to get satisfaction from the local store" | | 2. | indemnification - an act of compensation for actual loss or damage or for trouble and annoyancerecompense, compensation - the act of compensating for service or loss or injury |
indemnificationnounSomething to make up for loss or damage:amends, compensation, indemnity, offset, quittance, recompense, redress, reimbursement, remuneration, reparation, repayment, requital, restitution, satisfaction, setoff.TranslationsSchadenersatzindemnizaciónindennizzorisarcimentoindemnification
indemnificationA contractual obligation by which one person or organization agrees to secure another against loss or damage from specified liabilities.Indemnification
IndemnificationUsed in insurance policy agreements as to compensation for damage or loss. In the context of corporate governance, Director Indemnification uses the bylaws and/or charter to indemnify officers and directors from certain legal expenses and judgments resulting from lawsuits pertaining to their conduct.IndemnificationThe collection of money for damages. For example, indemnification occurs in insurance when the policyholder receives money to compensate for an insured event. Likewise, a company may receive indemnification from an employee, especially a major executive, if the company suffers damages in a lawsuit as a result of the employee's illegal or unethical actions.indemnificationThe process of shifting a loss from one party to another either because of an express agreement by the parties or because the law requires it under the circumstances. Example: A purchaser of real estate discovers the property is subject to a lien that was placed against it prior to sale and pays the lien in order to avoid foreclosure; then the purchaser is entitled to indemnification, or reimbursement, from the prior owner who breached the warranties in the deed. indemnification
Synonyms for indemnificationnoun something to make up for loss or damageSynonyms- amends
- compensation
- indemnity
- offset
- quittance
- recompense
- redress
- reimbursement
- remuneration
- reparation
- repayment
- requital
- restitution
- satisfaction
- setoff
Synonyms for indemnificationnoun a sum of money paid in compensation for loss or injurySynonyms- amends
- damages
- redress
- restitution
- indemnity
Related Words- compensation
- relief
- actual damages
- compensatory damages
- general damages
- nominal damages
- exemplary damages
- punitive damages
- smart money
- atonement
- expiation
- satisfaction
noun an act of compensation for actual loss or damage or for trouble and annoyanceRelated Words |