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

Recoupe :: Recoupe (v. t.) To get an equivalent or compensation for; as, to recoup money lost at the gaming table; to recoup one's losses in the share market..
Host :: Host (n.) One who receives or entertains another, whether gratuitously or for compensation; one from whom another receives food, lodging, or entertainment; a landlord..
Satisfy :: Satisfy (a.) To answer or discharge, as a claim, debt, legal demand, or the like; to give compensation for; to pay off; to requite; as, to satisfy a claim or an execution..
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..
Recompensation :: Recompensation (n.) Recompense.
Weregild :: Weregild (n.) The price of a man's head; a compensation paid of a man killed, partly to the king for the loss of a subject, partly to the lord of a vassal, and partly to the next of kin. It was paid by the murderer..
Breakage :: Breakage (n.) An allowance or compensation for things broken accidentally, as in transportation or use..
Bonus :: Bonus (n.) Money paid in addition to a stated compensation.
Compensation :: Compensation (n.) An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation..
Retribution :: Retribution (n.) That which is given in repayment or compensation; return suitable to the merits or deserts of, as an action; commonly, condign punishment for evil or wrong..
Pittance :: Pittance (n.) A meager portion, quantity, or allowance; an inconsiderable salary or compensation..
Stipend :: Stipend (n.) Settled pay or compensation for services, whether paid daily, monthly, or annually..
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.
Salvage :: Salvage (n.) The compensation allowed to persons who voluntarily assist in saving a ship or her cargo from peril.
Compensation :: 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..
Indemnity :: Indemnity (n.) Indemnification, compensation, or remuneration for loss, damage, or injury sustained..
Modus :: Modus (n.) A fixed compensation or equivalent given instead of payment of tithes in kind, expressed in full by the phrase modus decimandi..
Indemnify :: Indemnify (v. t.) To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate..
Consideration :: Consideration (n.) The cause which moves a contracting party to enter into an agreement; the material cause of a contract; the price of a stripulation; compensation; equivalent.
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..
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