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In this segment of "Finally Revealed," Michele discusses the term "indemnification." Indemnification refers to the act of protecting someone by assuming responsibility for claims made against them, typically in the context of contracts, settlements, or business separations. To indemnify means to "cover their back," ensuring the other party is taken care of regarding any potential issues related to a specific circumstance or product involved in a transaction. It’s important that the terms of indemnification are clearly defined, specifying what claims or situations the indemnifier is covering.