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In this segment of "Finally Revealed," Michele discusses the concept of indemnification. Indemnification often arises in contexts such as contracts, settlements, business separations, or sales transactions. To indemnify someone means to provide protection or support against claims or losses related to a specific situation or product. Michele emphasizes the importance of clearly defining what is being indemnified against, particularly when responsibilities arise if something goes wrong. Understanding this term is crucial for anyone involved in legal agreements or transactions to ensure clarity and protection for all parties involved.