Definition of compensation

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Compensation (n.) The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.

Lern More About Compensation

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..
Magbote :: Magbote (n.) Compensation for the injury done by slaying a kinsman.
Toll :: Toll (n.) A portion of grain taken by a miller as a compensation for grinding.
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..
Give :: Give (n.) To bestow without receiving a return; to confer without compensation; to impart, as a possession; to grant, as authority or permission; to yield up or allow..
Deceit :: Deceit (n.) Any trick, collusion, contrivance, false representation, or underhand practice, used to defraud another. When injury is thereby effected, an action of deceit, as it called, lies for compensation..
Pittance :: Pittance (n.) A meager portion, quantity, or allowance; an inconsiderable salary or compensation..
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.
Countervail :: Countervail (n.) Power or value sufficient to obviate any effect; equal weight, strength, or value; equivalent; compensation; requital..
Indemnify :: Indemnify (v. t.) To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate..
Indemnity :: Indemnity (n.) Indemnification, compensation, or remuneration for loss, damage, or injury sustained..
For :: For (prep.) Indicating that on place of or instead of which anything acts or serves, or that to which a substitute, an equivalent, a compensation, or the like, is offered or made; instead of, or place of..
Husbandage :: Husbandage (n.) The commission or compensation allowed to a ship's husband.
Breakage :: Breakage (n.) An allowance or compensation for things broken accidentally, as in transportation or use..
Compensatory :: Compensatory (a.) Serving for compensation; making amends.
Board :: Board (n.) To place at board, for compensation; as, to board one's horse at a livery stable..
Atone :: Atone (v. i.) To stand as an equivalent; to make reparation, compensation, or amends, for an offense or a crime..
Pilotage :: Pilotage (n.) The compensation made or allowed to a pilot.
Lend :: Lend (v. t.) To let for hire or compensation; as, to lend a horse or gig..
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..
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