"Indemnifications" Pronounce,Meaning And Examples
"Indemnifications" Natural Recordings by Native Speakers
"Indemnifications" Meaning
Indemnifications refer to financial compensation or settlement given to a person or organization to make them whole again after they have suffered a loss or damage. It is often used in situations where a company or individual is required to provide financial guarantees as part of a legal agreement or contract. Indemnifications can include monetary payments, reimbursement, or other forms of compensation to cover losses, expenses, or damages.
"Indemnifications" Examples
Usage Examples of "Indemnifications"
1. Financial Indemnifications
The company provided indemnifications to the investors in case the project failed to generate the expected returns.2. Legal Indemnifications
The contract specified indemnifications in case of any damage or loss caused by the company's negligence.3. Mutual Indemnifications
The partners agreed to provide mutual indemnifications to each other in case of any disputes or claims.4. Insurance Indemnifications
The insurance policy included indemnifications for damage to the property during the construction phase.5. Negotiated Indemnifications
The two companies reached an agreement on indemnifications, ensuring that both parties would be protected in case of any unexpected issues."Indemnifications" Similar Words
Indehiscent
Indehiscent refers to a type of fruit that does not open or split when it ripens, unlike indehiscent fruits, which split open to release their seeds. This term is often used in botany and plant taxonomy.
Indelibility
Indelibility refers to the impossibility of erasing or removing something, often in a permanent or lasting sense. It can be used to describe a mark, impression, or memory that remains unchanged and unalterable, or a trait or characteristic that is innate and cannot be altered. In other words, indelibility is the quality of being unable to be altered or deleted, and is often used to convey a sense of permanence or enduring importance.
Indelible
Indelible refers to something that is permanent or lasting, and cannot be removed or erased. It is often used to describe a mark, stain, or impression that is deeply ingrained or retains its intensity over time. In a broader sense, indelible can also describe a memory, emotion, or experience that is deeply ingrained in one's psyche and cannot be forgotten.
Indelibly
Indelibly refers to something that is permanently and deeply ingrained or marked, often in a way that cannot be erased or forgotten. It can also describe a strong and lasting impression or memory. For example, "The experience of losing my loved one has indelibly marked my life."
Indelicacies
Indelicacies refers to something that is immodest, indecent, or coarse in behavior, language, or tastes. It can also describe something that is impolite, uncivilized, or offensive, often in a humorous or whimsical way.
Indelicacy
Indelicacy refers to the lack of tact, sensitivity, or refinement in speech or behavior, often causing offense or embarrassment. It may involve using coarse language, being impolite, or making uncouth remarks.
Indelicate
Indelicate refers to lacking in tact or delicacy; prone to speaking or doing things in a blunt or tactless manner. It can also describe something that is crude, unrefined, or lacking in sensitivity.
Indemnification
Indemnification is the act of compensating someone for losses or damages resulting from an event or situation. It is a form of protection or compensation, often provided by a third party, such as an insurance company, a contract, or a law, which ensures that the injured party does not suffer a financial loss. In business, indemnification is often included in contracts to protect against potential claims or lawsuits. For example, a company may indemnify its employees for medical expenses or legal fees resulting from an accident that occurs while they are performing their job duties.
Indemnified
Compensated or financially protected from loss or damage; freed from liability or responsibility.
Indemnifier
An indemnifier is a person or entity that agrees to compensate another party for any loss or damage that may occur as a result of a specific event or situation. In other words, they provide financial protection or indemnification to another party against a specific risk or liability.
Indemnifies
Indemnifies means to compensate or reimburse someone for a loss or damage, typically by making them financially whole again. It can also mean to guarantee or secure against a potential harm or liability.
Indemnify
To indemnify means to compensate or make whole again for a loss or damage, often through payment or insurance. It can also refer to the act of shielding or protecting someone or something from financial or legal risk.
Indemnifying
To indemnify means to free or absolve from the obligation to pay for damages or liabilities; to compensate for a loss or harm; to make harmless or secure from financial loss or harm.
Indemnisation
Indemnisation refers to the act of making compensation or reparation for a loss or injury, especially in a legal or financial sense. It is often used in the context of insurance, business, or international trade, where one party agrees to pay another party a sum of money or provide a service to compensate for damages, losses, or expenses incurred as a result of their actions or negligence. In law, indemnification may be used to protect one party from civil or criminal liability for the actions of another.
Indemnities
Indemnities refer to financial compensation or reimbursement made to someone who has suffered a loss or damage, often as a result of a breach of contract or other legal obligation. It can also refer to a payment made by one party to another to protect the second party from a potential loss or damage.
Indemnity
Indemnity refers to the act of compensating or making amends for a loss or damage that has occurred. It can also refer to a guarantee or promise to pay for damages or losses that may occur in the future. In a legal sense, indemnity refers to a contractual agreement where one party agrees to compensate the other party for any losses or damages incurred as a result of a specific action or situation.