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

Countervail :: Countervail (n.) Power or value sufficient to obviate any effect; equal weight, strength, or value; equivalent; compensation; requital..
Fee :: Fee (n.) Reward or compensation for services rendered or to be rendered; especially, payment for professional services, of optional amount, or fixed by custom or laws; charge; pay; perquisite; as, the fees of lawyers and physicians; the fees of office; clerk's fees; sheriff's fees; marriage fees, etc..
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.
Modus :: Modus (n.) A fixed compensation or equivalent given instead of payment of tithes in kind, expressed in full by the phrase modus decimandi..
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..
Earn :: Earn (v. t.) To acquire by labor, service, or performance; to deserve and receive as compensation or wages; as, to earn a good living; to earn honors or laurels..
Stipend :: Stipend (n.) Settled pay or compensation for services, whether paid daily, monthly, or annually..
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..
Wages :: Wages (n.) A compensation given to a hired person for services; price paid for labor; recompense; hire. See Wage, n., 2..
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.
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..
Pilotage :: Pilotage (n.) The compensation made or allowed to a pilot.
Recompense :: Recompense (v. t.) To return an equivalent for; to give compensation for; to atone for; to pay for.
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..
Manbote :: Manbote (n.) A sum paid to a lord as a pecuniary compensation for killing his man (that is, his vassal, servant, or tenant)..
Gift :: Gift (v. t.) Anything given; anything voluntarily transferred by one person to another without compensation; a present; an offering.
Compensation :: Compensation (n.) The act or principle of compensating.
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..
Breakage :: Breakage (n.) An allowance or compensation for things broken accidentally, as in transportation or use..
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..
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