Definition of compensation

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Compensation (n.) That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense..

Lern More About Compensation

Owe :: Owe (v.) Hence: To have or be under an obigation to restore, pay, or render (something) in return or compensation for something received; to be indebted in the sum of; as, the subject owes allegiance; the fortunate owe assistance to the unfortunate..
Satisfaction :: Satisfaction (n.) Settlement of a claim, due, or demand; payment; indemnification; adequate compensation..
Fee :: Fee (n.) Reward or compensation for services rendered or to be rendered; especially, payment for professional services, of optional amount, or fixed by custom or laws; charge; pay; perquisite; as, the fees of lawyers and physicians; the fees of office; clerk's fees; sheriff's fees; marriage fees, etc..
Lease :: Lease (v. t.) A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation..
Indemnify :: Indemnify (v. t.) To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate..
Pilotage :: Pilotage (n.) The compensation made or allowed to a pilot.
Reward :: Reward (n.) Compensation or remuneration for services; a sum of money paid or taken for doing, or forbearing to do, some act..
Recompense :: Recompense (n.) An equivalent returned for anything done, suffered, or given; compensation; requital; suitable return..
Breakage :: Breakage (n.) An allowance or compensation for things broken accidentally, as in transportation or use..
Broker :: Broker (v. t.) An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own..
Livery :: Livery (n.) The feeding, stabling, and care of horses for compensation; boarding; as, to keep one's horses at livery..
Wage :: Wage (v. t.) That for which one labors; meed; reward; stipulated payment for service performed; hire; pay; compensation; -- at present generally used in the plural. See Wages.
Octogild :: Octogild (n.) A pecuniary compensation for an injury, of eight times the value of the thing..
Let :: Let (v. t.) To allow to be used or occupied for a compensation; to lease; to rent; to hire out; -- often with out; as, to let a farm; to let a house; to let out horses..
Gift :: Gift (v. t.) Anything given; anything voluntarily transferred by one person to another without compensation; a present; an offering.
Countervail :: Countervail (n.) Power or value sufficient to obviate any effect; equal weight, strength, or value; equivalent; compensation; requital..
Husbandage :: Husbandage (n.) The commission or compensation allowed to a ship's husband.
Board :: Board (n.) To furnish with regular meals, or with meals and lodgings, for compensation; to supply with daily meals..
Payment :: Payment (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation..
Chronometer :: Chronometer (n.) A portable timekeeper, with a heavy compensation balance, and usually beating half seconds; -- intended to keep time with great accuracy for use an astronomical observations, in determining longitude, etc..
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