Definition: The condition of having to pay back money or a favor to someone because you borrowed it or received help from them.

Example: After taking out a loan for his house, he felt a sense of indebtedness to the bank.

Definition: A process or agreement that provides compensation or protection against loss or damage.

Example: The company offered indemnification to its employees for any legal costs incurred while performing their duties.

Definition: To provide compensation or protection to someone for damage, loss, or injury they have experienced.

Example: The company agreed to indemnify the employees for any legal costs incurred during the lawsuit.

Definition: A legal protection or compensation that covers someone for losses or damages they may suffer.

Example: The company provided indemnity to its employees for any legal claims arising from their work.

Definition: A list or system that helps to organize information, often used to find specific data or reference points easily.

Example: You can find the topic you need by looking in the index at the back of the book.

Definition: To create a list or system that shows where information can be found, often in a book or database.

Example: The librarian will index the new books so that they can be easily found.

Definition: A method of adjusting financial amounts, like salaries or benefits, based on changes in the cost of living, so that they keep up with inflation.

Example: The government implemented indexation to ensure that pensions would increase with inflation.

Definition: A state of being very poor, where people lack basic necessities and comforts in life.

Example: The charity aims to help those living in indigence by providing food and shelter.

Definition: A person who signs a document or a check to show approval or support, often to transfer rights or ownership.

Example: The indorser signed the back of the check to allow the funds to be transferred to another account.

Definition: Something that encourages or motivates someone to do something; it can be a reward or incentive.

Example: The company offered a cash bonus as an inducement for employees to meet their sales targets.

Definition: A person who owns or manages a business in the manufacturing or industrial sector.

Example: The industrialist invested millions in renewable energy projects.