indemnification

noun
in·​dem·​ni·​fi·​ca·​tion | \ in-ˌdem-nə-fə-ˈkā-shən How to pronounce indemnification (audio) \

Definition of indemnification

1a : the action of indemnifying
b : the condition of being indemnified

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Examples of indemnification in a Sentence

that insurance company is known to be slow when processing claims for indemnification
Recent Examples on the Web Liability and indemnification Force majeure, contract law and potential changes to nonconference games Testing: Capacity, availability, cost and what happens when someone in college sports tests positive for coronavirus? oregonlive, "Exploring the many questions that must be answered before college football can return: Ducks Confidential podcast," 18 May 2020 Hence, even if the indemnification agreement is valid, Uber would only owe about $45 million, Uber claims. Timothy B. Lee, Ars Technica, "Uber accuses Levandowski of fraud, refuses to pay $179M Google judgment," 20 Apr. 2020 Levandowski argues that Uber has an obligation to pay the judgment on his behalf under an indemnification deal Levandowski negotiated as part of the 2016 acquisition of his company. Timothy B. Lee, Ars Technica, "Uber accuses Levandowski of fraud, refuses to pay $179M Google judgment," 20 Apr. 2020 Levandowski says Uber's acquisition terms for Otto included a sweeping indemnification commitment for Otto employees, including Levandowski. Timothy B. Lee, Ars Technica, "Levandowski says Uber must pay his $179 million judgment to Google," 1 Apr. 2020 The agency gave Mitchell and Jessen an indemnification agreement protecting them from legal liability. Jerry Dunleavy, Washington Examiner, "Guantanamo Bay interrogator accuses Obama CIA chief John Brennan of throwing him 'under the bus'," 30 Jan. 2020 Typical issues are: The amount and length of the escrow holdback for indemnification claims. Gary Miller, The Denver Post, "Gary Miller: Negotiation mistakes that will kill a business sale — a case study," 27 Oct. 2019 The city protected itself against such liability by including an indemnification clause in the regulations, requiring the companies to maintain liability insurance of up to $2 million per accident and $4 million aggregate. San Diego Union-Tribune, "San Diego’s dockless scooter regulations take effect," 1 July 2019 In exchange for the releases, writers agreed to vote in support of the chapter 11 plan and waived their right to indemnification from their former employer. Jonathan Randles, WSJ, "Lawsuit Against Deadspin Author Can Continue, Judge Rules," 3 Aug. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'indemnification.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of indemnification

1732, in the meaning defined at sense 1a

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Time Traveler for indemnification

Time Traveler

The first known use of indemnification was in 1732

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Statistics for indemnification

Cite this Entry

“Indemnification.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/indemnification. Accessed 8 Aug. 2020.

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More Definitions for indemnification

indemnification

noun
in·​dem·​ni·​fi·​ca·​tion | \ in-ˌdem-ni-fə-ˈkā-shən How to pronounce indemnification (audio) \

Legal Definition of indemnification

1a : the action of indemnifying
b : the condition of being indemnified

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Comments on indemnification

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