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

Payment :: Payment (n.) The act of paying, or giving compensation; the discharge of a debt or an obligation..
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..
Board :: Board (v. i.) To obtain meals, or meals and lodgings, statedly for compensation; as, he boards at the hotel..
Toll :: Toll (n.) A portion of grain taken by a miller as a compensation for grinding.
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.
Modus :: Modus (n.) A fixed compensation or equivalent given instead of payment of tithes in kind, expressed in full by the phrase modus decimandi..
Recover :: Recover (v. t.) To gain as a compensation; to obtain in return for injury or debt; as, to recover damages in trespass; to recover debt and costs in a suit at law; to obtain title to by judgement in a court of law; as, to recover lands in ejectment or common recovery; to gain by legal process; as, to recover judgement against a defendant..
Husbandage :: Husbandage (n.) The commission or compensation allowed to a ship's husband.
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..
Hire :: Hire (n.) To grant the temporary use of, for compensation; to engage to give the service of, for a price; to let; to lease; -- now usually with out, and often reflexively; as, he has hired out his horse, or his time..
Lend :: Lend (v. t.) To let for hire or compensation; as, to lend a horse or gig..
Indemnity :: Indemnity (n.) Indemnification, compensation, or remuneration for loss, damage, or injury sustained..
Manbote :: Manbote (n.) A sum paid to a lord as a pecuniary compensation for killing his man (that is, his vassal, servant, or tenant)..
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..
Compensation :: Compensation (n.) A recompense or reward for some loss or service.
Full :: Full (Compar.) Abundantly furnished or provided; sufficient in. quantity, quality, or degree; copious; plenteous; ample; adequate; as, a full meal; a full supply; a full voice; a full compensation; a house full of furniture..
Extra :: Extra (n.) Something in addition to what is due, expected, or customary; something in addition to the regular charge or compensation, or for which an additional charge is made; as, at European hotels lights are extras..
Hostess :: Hostess (n.) A woman who entertains guests for compensation; a female innkeeper.
Magbote :: Magbote (n.) Compensation for the injury done by slaying a kinsman.
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..
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