compensation Hear it!

compensation Definition

com·pen·sa·tion (käm′pən sā′s̸hən)

noun

  1. a compensating or being compensated
    1. anything given as an equivalent, or to make amends for a loss, damage, unemployment, etc.; recompense
    2. payment for services; esp., wages or remuneration
  3. Biol. the counterbalancing of a defect in the structure or function of a part by greater activity in or development of one or more other parts
  4. Psychol. a mechanism by which an individual seeks to make up for a real or imagined psychological defect by developing or exaggerating a psychological strength

Etymology: ME compensacioun < L compensatio

compensation Related Forms
com′·pen·sa′·tional adjective
compensation Synonyms

compensation

n.

remuneration, recompense, payment, indemnity, satisfaction, requital, remittal, return for services, commission, gratuity, tip, reimbursement, allowance, deserts, remittance, salary, pay, stipend, wages, hire, earnings, settlement, honorarium, defrayal, coverage, consideration, counterclaim, damages, repayment, recoupment, fee, quittance, reckoning, equivalent price, indemnification, bonus, premium, amends, reparation, restitution, reciprocity, reward, advantage, profit, benefit, gain, meed, counterbalance, kickback*; see also pay 2, payment 1, return 3, tip 2.

Antonyms loss*, deprivation, confiscation.

compensation Law Definition

n

  1. Payment for work done.
  2. Payment for injury, loss, or otherwise depriving a person of something he or she is entitled to. See also damages.
deferred compensation
  1. Payment at some agreed time in the future for work already done.
  2. Payment for work done paid in a tax year subsequent to when the payment is earned or paid in a manner, such as contributing to a qualified pension or profit-sharing plan, that postpones the employee’s tax liability for the payment.
just compensation
The compensation to a property owner required by the Fifth Amendment to the United States Constitution whenever a state government or the federal government takes possession of private property by means of eminent domain for public use. Generally, the amount of compensation is the market value of the property at the time of the taking. See also eminent domain.
compensation Usage Examples

Converse of object

  • claim: Who is or should be entitled to claim such compensation?
  • pay: The money used to pay the compensation comes from charges levied on authorized firms.
  • recover: Personal Injury Bond Pearce LLP's personal injury team recovers compensation for people who have been injured in accidents.
  • seek: At this time there is a group of people seeking compensation from the government.

Adjective modifier

  • monetary: It is in recognition of the above that most travel insurance policies offer some monetary compensation.

Modifies a noun

  • claim: To make a no win no fee compensation claim for whiplash injury call 0800 10 757 95.
  • payout: Ministers have refused to shift the date despite pressure from miners ' groups who say hundreds of workers could miss out on compensation payouts.
  • payment: No compensation payments for loss of office were made to Directors during the year.

Noun used with modifier

  • whiplash: Alternatively, you can start a chat with one of our online claim advisors for instant information on your whiplash injury compensation claim.
  • endowment: I would like to make a claim for endowment compensation myself, would I be allowed to do this?
  • injury: Call us now on 0800 10 757 95 to find out more about getting birth injury compensation with YouClaim.
  • accident: UK Car Accident Compensation Claim: Personal Injury Lawyers Expert advice on maximizing car accident compensation claim damages awards.
  • exposure: For the exposure compensation setting, I have found that +0.5 to +1 stops seems to work best for my set-up.
  • lump: Once a lump sum compensation payment has been received, it may affect your client's entitlements to any income-based benefits.

Possessives

  • workman: The Rule Books also contain appeals from other courts, mainly county court cases relating to workmen's compensation after 1897.

Preposition: of

  • antilag: Players should not use timenudge on antilag servers, as there would be timenudge prediction on top of the ping compensation of antilag.

Preposition: for

  • dismissal: The maximum compensation for unfair dismissal has been increased to £ 50,000 with effect from that date.
  • inconvenience: Under such a circumstance Chain Bridge Honey Farm will not be obliged to offer any additional compensation for any inconvenience or disappointment suffered.
  • injury: Awards for assaults involving glasses were three times more likely to include compensation for eye injuries than those involving bottles.
  • loss: He received £ 200,000 compensation for the loss of share incentives from his old employer.