Indemnification vs Consideration - What's the difference?
indemnification | consideration | Related terms |
The act or process of indemnifying, preserving, or securing against loss, damage, or penalty.
A reimbursement of loss, damage, or penalty.
The state of being indemnified.
That which indemnifies.
(legal) indemnity
The thought process of considering, of taking everything into account.
Something considered as a reason or ground for a (possible) decision.
The tendency to consider others.
A payment or other recompense for something done.
(legal) A matter of inducement for something promised; something valuable given as recompense for a promise, which causes the promise to become binding as a contract.
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Importance, claim to notice, regard.
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Indemnification is a related term of consideration.
As nouns the difference between indemnification and consideration
is that indemnification is the act or process of indemnifying, preserving, or securing against loss, damage, or penalty while consideration is consideration (the process of considering).indemnification
English
Noun
(en noun)consideration
English
Noun
(en noun)- ''After much consideration, I have decided to stay.
- ''You showed remarkable consideration in giving up your place for your friend.
- ''Will you noisy children show some consideration and stop your infernal screaming? I'm trying to study!
- ''Sure I'll move my car, but only for a consideration .
- [...] settled down on a small property he had near Quimper to live for the rest of his days in peace; but the failure of an attorney left him suddenly penniless, and neither he nor his wife was willing to live in penury where they had enjoyed consideration .