1. the act of compensating someone for loss, damage, or liability; reimbursement.
Usage: commonly used in legal and insurance contexts
2. security or protection against future loss or damage.
Usage: formal; often used in contracts and agreements

Examples

• The insurance company provided indemnification for the damage caused by the accident.
• The contract included a clause for indemnification of both parties.
• The victim received indemnification from the defendant's liability insurance.
• The company sought indemnification for losses incurred during the dispute.
• The agreement outlined the terms of indemnification in case of breach.
• Indemnification was granted to cover medical expenses and lost wages.