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indemnification

/ˌɪnˌdɛmnəfɪˈkeɪʃən/ /ˌɪnˌdɛmnɪfɪˈkeɪʃən/
noun
FormalLegal
  1. 1 tazmin, tazminat uncountable

Definition (English)

Payment for a loss or damage, or a promise to pay for any loss or damage that may happen.

Example Sentences

  1. The contract offers indemnification against legal costs.
    Sözleşme, yasal masraflara karşı tazminat sunar.
  2. Indemnification is crucial for business partners.
    Tazmin güvencesi iş ortakları için çok önemlidir.

Synonyms

Collocations

indemnification clauseindemnification agreementindemnification provisionindemnification obligationindemnification paymentindemnification claim