indemnification

in·dem·ni·fi·ca·tion

noun \in-ˌdem-nə-fə-ˈkā-shən\

Definition of INDEMNIFICATION

1

a : the action of indemnifying b : the condition of being indemnified

2

: indemnity 2b

Examples of INDEMNIFICATION

1. <that insurance company is known to be slow when processing claims for indemnification>

First Known Use of INDEMNIFICATION

1732

Related to INDEMNIFICATION

Synonyms: damages, compensation, indemnity, quittance, recompense, recoupment, redress, remuneration, reparation, reprisal(s), requital, restitution, satisfaction

Related Words: punitive damage, solatium; amends, atonement, expiation; refund, reimbursement, repayment; adjustment, settlement; punishment, retaliation

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Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

Rhymes with INDEMNIFICATION

characterization, circumnavigation, commercialization, criminalization, cross-examination, de-Stalinization, decentralization, declassification, decontamination, dehumanization, demystification, deterioration, differentiation, disassociation, disorientation, disorganization, disqualification, diversification, electrification, excommunication, exemplification, experimentation, extemporization, externalization, generalization, homogenization, hospitalization, hyperventilation, idealization, identification, indetermination, indiscrimination, individuation, insubordination, intensification, intermediation, italicization, masculinization, megacorporation, militarization, miniaturization, misappropriation, miscommunication, misinterpretation, misrepresentation, monopolization, nonproliferation, overcompensation, overpopulation, personification, popularization, predetermination, ratiocination, rationalization, recapitulation, reconciliation, reconsideration, rehabilitation, reinterpretation, reorganization, revitalization, secularization, solidification, tintinnabulation, transubstantiation, underestimation, undervaluation, visualization