Compensation

usgb/ˌkɑːmpenˈseɪʃn/
noun

Something given or received as Equivalent for services, loss, or suffering.

He received compensation for the damage to his car.
Visual representation of "compensation" - Something given or received as Equivalent for services, loss, or suffering.

Often appears as...

  • compensation package
  • compensation plan
Definition 1 of 3
Visual representation of "compensation"
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Beyond Money

Compensation can be non-financial, such as a favor or a benefit.

Illustration for Beyond Money
He asked for extra vacation days as compensation for working weekends.
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Not Always Fair

Compensation might not fully cover a loss or may seem inadequate to some people.

Illustration for Not Always Fair
They felt the compensation for the property damage was too low.
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Legal Context

Compensation is often used in legal settings involving settlements or damages.

Illustration for Legal Context
The company offered compensation to settle the lawsuit out of court.
Word comparison image

Compare with

amendatoryindemnitypaymentrecompenseredressreimburseremuneratereparationrestitutionsatisfaction
Visual representation of the word "Compensation"

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