indemnification vs compensation

indemnification and compensation both are nouns.

Word	Noun	Adjective	Verb	Adverb
indemnification	Yes	No	No	No
compensation	Yes	No	No	No

As nouns, compensation is a hypernym of indemnification; that is, compensation is a word with a broader meaning than indemnification:

indemnification: an act of compensation for actual loss or damage or for trouble and annoyance
compensation: the act of compensating for service or loss or injury

Other hypernyms of indemnification include recompense.

As nouns, compensation is a hypernym of indemnification; that is, compensation is a word with a broader meaning than indemnification:

indemnification: a sum of money paid in compensation for loss or injury
compensation: something (such as money) given or received as payment or reparation (as for a service or loss or injury)

indemnification (noun)	compensation (noun)
an act of compensation for actual loss or damage or for trouble and annoyance	the act of compensating for service or loss or injury
a sum of money paid in compensation for loss or injury	something (such as money) given or received as payment or reparation (as for a service or loss or injury)
	(psychiatry) a defense mechanism that conceals your undesirable shortcomings by exaggerating desirable behaviors