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

Hostess :: Hostess (n.) A woman who entertains guests for compensation; a female innkeeper.
Pay :: Pay (n.) An equivalent or return for money due, goods purchased, or services performed; salary or wages for work or service; compensation; recompense; payment; hire; as, the pay of a clerk; the pay of a soldier..
Compensation :: 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.
Board :: Board (n.) To furnish with regular meals, or with meals and lodgings, for compensation; to supply with daily meals..
Bonus :: Bonus (n.) Money paid in addition to a stated compensation.
Requital :: Requital (n.) The act of requiting; also, that which requites; return, good or bad, for anything done; in a good sense, compensation; recompense; as, the requital of services; in a bad sense, retaliation, or punishment; as, the requital of evil deeds..
Solatium :: Solatium (n.) Anything which alleviates or compensates for suffering or loss; a compensation; esp., an additional allowance, as for injured feelings..
Recompense :: Recompense (n.) An equivalent returned for anything done, suffered, or given; compensation; requital; suitable return..
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..
Compensatory :: Compensatory (a.) Serving for compensation; making amends.
Composition :: Composition (n.) The adjustment of a debt, or avoidance of an obligation, by some form of compensation agreed on between the parties; also, the sum or amount of compensation agreed upon in the adjustment..
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..
Pilotage :: Pilotage (n.) The compensation made or allowed to a pilot.
Hire :: Hire (n.) To procure (any chattel or estate) from another person, for temporary use, for a compensation or equivalent; to purchase the use or enjoyment of for a limited time; as, to hire a farm for a year; to hire money..
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..
Wages :: Wages (n.) A compensation given to a hired person for services; price paid for labor; recompense; hire. See Wage, n., 2..
Satisfactory :: Satisfactory (a.) Making amends, indemnification, or recompense; causing to cease from claims and to rest content; compensating; atoning; as, to make satisfactory compensation, or a satisfactory apology..
Stipendiaries :: Stipendiary (a.) Receiving wages, or salary; performing services for a stated price or compensation..
Toll :: Toll (n.) A portion of grain taken by a miller as a compensation for grinding.
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