indemnity vs indemnification

indemnity and indemnification both are nouns.

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

As nouns, indemnity and indemnification are synonyms defined as:

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

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

indemnity (noun)	indemnification (noun)
a sum of money paid in compensation for loss or injury	an act of compensation for actual loss or damage or for trouble and annoyance
legal exemption from liability for damages	a sum of money paid in compensation for loss or injury
protection against future loss