两个单词都有“补偿、赔偿”的意思，但是区别很大：

compensate指对别人付出的劳动或者损失给予相应的报酬或弥补；

indemnify指为他人的行为所造成的损失进行赔偿或实质恢复原状的行为

1.compensate

a. Employees under the older Civil Service Retirement System are compensated for unused sick leave, and as a result have far more unused sick leave when they retire.

b. We compensate workers for injuries suffered at their work.

a. 属于原先《公务员退休制度》规定范畴的员工会就其未享用的病假方面得到补偿，因此，他们在退休时会享有更多的未由其享有的病假。

b. 我们对工人在工作中受伤给予补偿。

2.indemnify

The Parties shall defend, indemnify and agree to hold the other party harmless from and against any and all loss or damage either may sustain as a result of any breach of any of the representations and warranties in accordance with Article X, any breach of this Agreement by either Party, negligence and any third-party claims asserted against or in connection with the UF6.

对于因任何一方违反第X条的陈述和保证、违反本协议、过失及声称对UF6提出或与其有关的任何第三方索赔导致的任何及全部损失或损害，任何一方应为另一方抗辩、对其赔偿并同意使其免受损害。