damages vs indemnity

damages and indemnity both are nouns.

Word	Noun	Adjective	Verb	Adverb
damages	Yes	No	No	No
indemnity	Yes	No	No	No

As nouns, damages and indemnity are synonyms defined as:

damages and indemnity: a sum of money paid in compensation for loss or injury

Other synonyms of damages include amends, indemnification, redress, restitution.

damages (noun)	indemnity (noun)
a sum of money paid in compensation for loss or injury	a sum of money paid in compensation for loss or injury
	legal exemption from liability for damages
	protection against future loss