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

Compensative :: Compensative (a.) Affording compensation.
Indemnity :: Indemnity (n.) Indemnification, compensation, or remuneration for loss, damage, or injury sustained..
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..
Octogild :: Octogild (n.) A pecuniary compensation for an injury, of eight times the value of the thing..
Factorage :: Factorage (n.) The allowance given to a factor, as a compensation for his services; -- called also a commission..
Stipendiaries :: Stipendiary (a.) Receiving wages, or salary; performing services for a stated price or compensation..
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..
Recompensation :: Recompensation (n.) Used to denote a case where a set-off pleaded by the defendant is met by a set-off pleaded by the plaintiff.
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..
Restitution :: Restitution (v.) That which is offered or given in return for what has been lost, injured, or destroved; compensation..
Compensative :: Compensative (n.) Compensation.
Hostess :: Hostess (n.) A woman who entertains guests for compensation; a female innkeeper.
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.
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.
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..
Board :: Board (n.) To furnish with regular meals, or with meals and lodgings, for compensation; to supply with daily meals..
Deceit :: Deceit (n.) Any trick, collusion, contrivance, false representation, or underhand practice, used to defraud another. When injury is thereby effected, an action of deceit, as it called, lies for compensation..
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..
Salvage :: Salvage (n.) The compensation allowed to persons who voluntarily assist in saving a ship or her cargo from peril.
Gift :: Gift (v. t.) Anything given; anything voluntarily transferred by one person to another without compensation; a present; an offering.
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