pay vs indemnify

pay is a noun but indemnify is not a noun.

Word	Noun	Adjective	Verb	Adverb
pay	Yes	No	Yes	No
indemnify	No	No	Yes	No

As verbs, indemnify is a hyponym of pay; that is, indemnify is a word with a more specific, narrower meaning than pay:

pay (noun)	indemnify (noun)
something that remunerates

pay (verb)	indemnify (verb)
dedicate	make amends for; pay compensation for
bear (a cost or penalty), in recompense for some action	secure against future loss, damage, or liability; give security for
convey, as of a compliment, regards, attention, etc.; bestow
give money, usually in exchange for goods or services
bring in
do or give something to somebody in return
cancel or discharge a debt
make a compensation for
discharge or settle
render
be worth it