Definition of compensation

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Compensation (n.) A recompense or reward for some loss or service.

Lern More About Compensation

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..
Recompensation :: Recompensation (n.) Recompense.
Damage :: Damage (n.) The estimated reparation in money for detriment or injury sustained; a compensation, recompense, or satisfaction to one party, for a wrong or injury actually done to him by another..
Salvage :: Salvage (n.) The compensation allowed to persons who voluntarily assist in saving a ship or her cargo from peril.
Reparation :: Reparation (n.) The act of making amends or giving satisfaction or compensation for a wrong, injury, etc.; also, the thing done or given; amends; satisfaction; indemnity..
Indemnify :: Indemnify (v. t.) To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate..
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..
Amends :: Amends (n. sing. & pl.) Compensation for a loss or injury; recompense; reparation.
Countervail :: Countervail (n.) Power or value sufficient to obviate any effect; equal weight, strength, or value; equivalent; compensation; requital..
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..
Recompense :: Recompense (n.) An equivalent returned for anything done, suffered, or given; compensation; requital; suitable return..
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..
Factorage :: Factorage (n.) The allowance given to a factor, as a compensation for his services; -- called also a commission..
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..
Pittance :: Pittance (n.) A meager portion, quantity, or allowance; an inconsiderable salary or compensation..
Reward :: Reward (n.) Compensation or remuneration for services; a sum of money paid or taken for doing, or forbearing to do, some act..
Lend :: Lend (v. t.) To let for hire or compensation; as, to lend a horse or gig..
Toll :: Toll (n.) A portion of grain taken by a miller as a compensation for grinding.
Husbandage :: Husbandage (n.) The commission or compensation allowed to a ship's husband.
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..
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