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What does Indemnification mean?

Compensation for harm or loss; in a contract, a promise by one party to pay for any costs or damages suffered by the other party.

Indemnification in a sentence
The contract includes an indemnification clause to protect us from third-party claims.

Indemnification in German, French, Spanish and Italian

German
Schadloshaltung
also Entschädigung, Freistellung

Freistellung von Haftungsansprüchen Dritter.

French
Indemnisation
also Garantie

Garantie de dédommagement en cas de préjudice ou de recours.

Spanish
Indemnización
also Resarcimiento

Compromiso de compensar pérdidas o daños eventuales.

Italian
Indennizzo
also Manleva

Obbligo di rifondere i danni o tenere indenne l'altra parte.

Common phrases with Indemnification

  • clause indemnification
  • protect from claims indemnification
  • third-party indemnification

Synonyms and opposites for Indemnification

  • Synonym Security against loss
  • Synonym Repayment

More Business Law terms

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Indemnification is filed under