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

Salvage :: Salvage (n.) The compensation allowed to persons who voluntarily assist in saving a ship or her cargo from peril.
Indemnify :: Indemnify (v. t.) To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate..
Reward :: Reward (n.) Compensation or remuneration for services; a sum of money paid or taken for doing, or forbearing to do, some act..
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..
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..
Breakage :: Breakage (n.) An allowance or compensation for things broken accidentally, as in transportation or use..
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..
Emolument :: Emolument (n.) The profit arising from office, employment, or labor; gain; compensation; advantage; perquisites, fees, or salary..
Wages :: Wages (n.) A compensation given to a hired person for services; price paid for labor; recompense; hire. See Wage, n., 2..
Hostess :: Hostess (n.) A woman who entertains guests for compensation; a female innkeeper.
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..
Compensative :: Compensative (n.) Compensation.
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..
Amends :: Amends (n. sing. & pl.) Compensation for a loss or injury; recompense; reparation.
Bonus :: Bonus (n.) Money paid in addition to a stated compensation.
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.
Manbote :: Manbote (n.) A sum paid to a lord as a pecuniary compensation for killing his man (that is, his vassal, servant, or tenant)..
Magbote :: Magbote (n.) Compensation for the injury done by slaying a kinsman.
Schooling :: Schooling (n.) Compensation for instruction; price or reward paid to an instructor for teaching pupils.
Compensative :: Compensative (a.) Affording compensation.
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