Definition of compensation

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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..

Lern More About 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..
Recompense :: Recompense (v. t.) To return an equivalent for; to give compensation for; to atone for; to pay for.
Schooling :: Schooling (n.) Compensation for instruction; price or reward paid to an instructor for teaching pupils.
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..
Redress :: Redress (v. t.) To make amends or compensation to; to relieve of anything unjust or oppressive; to bestow relief upon.
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..
Indemnify :: Indemnify (v. t.) To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate..
Hostess :: Hostess (n.) A woman who entertains guests for compensation; a female innkeeper.
Compensatory :: Compensatory (a.) Serving for compensation; making amends.
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..
Factorage :: Factorage (n.) The allowance given to a factor, as a compensation for his services; -- called also a commission..
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..
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.
Toll :: Toll (n.) A portion of grain taken by a miller as a compensation for grinding.
Lend :: Lend (v. t.) To let for hire or compensation; as, to lend a horse or gig..
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..
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..
Reward :: Reward (n.) Compensation or remuneration for services; a sum of money paid or taken for doing, or forbearing to do, some act..
Theftbote :: Theftbote (n.) The receiving of a man's goods again from a thief, or a compensation for them, by way of composition, with the intent that the thief shall escape punishment..
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.
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