indemnification
C1CEFR level
65/100Rarity: rare
TechnicalRegister
Law noun
The act of compensating another for loss, or of agreeing to bear it.
The directors secured broad indemnification from the company against third-party claims.
Business noun
A contractual undertaking to compensate a person, such as a director, for losses or liabilities incurred in their role.
The company's bylaws provide indemnification for directors sued over decisions made in good faith.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
Get words like indemnification on your lock screen, a few a day, with review that makes them stick.
Download on the App Store Lexfall puts a new word on your home and lock screen through widgets, so you learn without opening an app. Free to download. After a free trial, a subscription unlocks every field. Built for iPhone, iOS 15.1 or later.
On a computer?Scan with your iPhone camera.