Korvattavaksi

Korvattavaksi is a Finnish word that translates to "to be compensated for" or "to be reimbursed." It is a versatile term used in various contexts, primarily relating to financial matters. The core meaning implies receiving something back for a loss or expenditure.

In a legal or insurance context, korvattavaksi refers to the process of claiming and receiving compensation for damages or losses. For example, if a person's property is damaged, they would seek to have the costs of repair or replacement korvattavaksi through insurance or legal action. Similarly, if an individual incurs expenses due to a specific event, such as travel disruptions, they might seek to have these expenses korvattavaksi by the responsible party.

The term can also be used in everyday transactions. If someone lends money or provides a service with the expectation of repayment, the amount owed can be described as needing to be korvattavaksi. It signifies an obligation for the recipient to return the value given. The specific method and process of achieving this compensation can vary depending on the situation and relevant laws or agreements.