Meaning of the word "index fossil" in English

What does "index fossil" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

index fossil

US /ˈɪn.deks ˈfɑː.səl/
UK /ˈɪn.deks ˈfɒs.əl/
"index fossil" picture

Noun

a fossil that is useful for dating and correlating the strata in which it is found

Example:
Ammonites are often used as an index fossil to determine the age of rock layers.
To be a good index fossil, a species must have been widespread and existed for a short period of time.