Indemnification - definition, pronunciation, transcription

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Amer.  |ˌɪnˌdemnəfɪˈkeɪʃən|  American pronunciation of the word indemnification
Brit.  |ɪnˌdemnɪfɪˈkeɪʃən|  British pronunciation of the word indemnification

noun

- a sum of money paid in compensation for loss or injury (syn: amends, damages, indemnity, redress, restitution)
- an act of compensation for actual loss or damage or for trouble and annoyance

Extra examples

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

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