indemnization Definition
compensation for damage, loss, or injury suffered.
Using indemnization: Examples
Take a moment to familiarize yourself with how "indemnization" can be used in various situations through the following examples!
Example
The company offered an indemnization for the damages caused by their product.
Example
The victim received an indemnization for the injuries sustained in the accident.
Example
The insurance policy provides indemnization for theft and damage to the property.
indemnization Synonyms and Antonyms
Synonyms for indemnization
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Summary: indemnization in Brief
The term 'indemnization' [in-dem-nuh-zey-shuhn] refers to compensation for damage, loss, or injury suffered. It is often used in legal and insurance contexts, as in 'The company offered an indemnization for the damages caused by their product.'
