compensation

5 definitions • 14 examples

money that is paid to someone in exchange for something that has been lost or damaged or for some problem:

in compensation for She received £40,000 in compensation for a lost eye.

in compensation We were given five hundred pounds in compensation, which isn't much, but at least it's something.

claim compensation You should claim compensation.

seek compensation He is seeking compensation for wrongful imprisonment.

compensation claim The victims made a compensation claim against the company for damages.

something that makes you feel better when you have suffered something bad:

I have to spend three months of the year away from home - but there are compensations like the chance to meet new people.

Free food was no compensation for a very boring evening.

the combination of money and other benefits (= rewards) that an employee receives for doing their job:

annual compensation Annual compensation for our executives includes salary and bonus under our incentive plan.

the combination of payment and other benefits that an employee receives for doing their job:

Annual compensation for our executives includes salary, bonus, and other benefits.

Poor compensation may be hurting recruiting and retention efforts in nursing schools.

money that is paid to someone because they have been hurt, or because something has been lost or damaged:

If you can prove that someone else was to blame for your accident, you will be entitled to compensation.

In a case like this, there is no limit to the compensation that can be awarded.

seek compensation for injury

a compensation claim