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Indemnification
volume
British pronunciation/ˌɪndˌɛmnɪfɪkˈeɪʃən/
American pronunciation/ˌɪnˌdɛmnəfɪˈkeɪʃən/

Definition & Meaning of "indemnification"

Indemnification
NOUN
01

an act of compensation for actual loss or damage or for trouble and annoyance

02

a sum of money paid in compensation for loss or injury

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