indemnización

compensation

noun een-dem-nee-sah-SYOHN Less Common

Also means

indemnity

Usage Note

Indemnización is formal language for financial compensation paid for damages or dismissal (indemnización por despido, severance pay). The plural indemnizaciones is regular. The verb is indemnizar. In everyday speech compensación is sometimes used, but indemnización is the legal standard.

Examples

"Recibió una indemnización por el accidente laboral."

Natural Translation

She received compensation for the workplace accident.

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