Definition of compensation Compensation

/kɑˌmpʌnsejˈʃʌn/ - [kampunseyshun] - com•pen•sa•tion

We found 18 definitions of compensation from 6 different sources.

What does compensation mean?

WordNet

Noun Plural: compensations
compensation - something (such as money) given or received as payment or reparation (as for a service or loss or injury)
		recompense the act of compensating for service or loss or injury
		overcompensation excessive compensation
		workmen's compensation compensation for death or injury suffered by a worker in the course of his employment
		reimbursement compensation paid (to someone) for damages or losses or money already spent etc.; "he received reimbursement for his travel expenses"
		emolument compensation received by virtue of holding an office or having employment (usually in the form of wages or fees); "a clause in the U.S. constitution prevents sitting legislators from receiving emoluments from their own votes"
		blood money paid to a hired murderer
		damages, amends, indemnification, redress, indemnity, restitution a sum of money paid in compensation for loss or injury
		counterbalance, offset a compensating equivalent
		reparation something done or paid in expiation of a wrong; "how can I make amends"
compensation - (psychiatry) a defense mechanism that conceals your undesirable shortcomings by exaggerating desirable behaviors
		defence mechanism, defence reaction, defense mechanism, defense reaction, defence, defense (psychiatry) an unconscious process that tries to reduce the anxiety associated with instinctive desires
		psychiatry, psychological medicine, psychopathology the branch of medicine dealing with the diagnosis and treatment of mental disorders
compensation - the act of compensating for service or loss or injury
		recompense
		rectification, correction determination of the length of a curve; finding a straight line equal in length to a given curve

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Wiktionary

compensation (Noun)
The act or principle of compensating.
compensation (Noun)
That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense.
compensation (Noun)
The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
compensation (Noun)
A recompense or reward for some loss or service.
compensation (Noun)
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.
compensation (Noun)
The relationship between air temperature outside a building and a calculated target temperature for provision of air or water to contained rooms or spaces for the purpose of efficient heating. In building control systems the compensation curve is defined to a compensator for this purpose.

Webster DictionaryWebster's Unabridged Dictionary 📘

compensation (n.)
The act or principle of compensating.
compensation (n.)
That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense.
compensation (n.)
The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
compensation (n.)
A recompense or reward for some loss or service.
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.

OmegaWiki DictionaryOmegaWiki Dictionary Ω

compensation
Equivalent in money for a loss sustained; equivalent given for property taken or for an injury done to another; recompense or reward for some loss, injury or service.\n(Source: WESTS)
compensation
Money received on payday as payment for work performed.

Sailor's Word-BookThe Sailor's Word-Book ⛵

compensation
If a detained vessel is lost by the negligence and misconduct of the prize-master, compensation must be rendered, and the actual captors are responsible. The principal being answerable in law for the agent's acts.