Definition of Compensation. Meaning of Compensation. Synonyms of Compensation

Here you will find one or more explanations in English for the word Compensation. Also in the bottom left of the page several parts of wikipedia pages related to the word Compensation and, of course, Compensation synonyms and on the right images related to the word Compensation.

Definition of Compensation

Compensation
Compensation Com`pen*sa"tion, n. [L. compensatio a weighing, a balancing of accounts.] 1. The act or principle of compensating. --Emerson. 2. 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. The parliament which dissolved the monastic foundations . . . vouchsafed not a word toward securing the slightest compensation to the dispossessed owners. --Hallam. No pecuniary compensation can possibly reward them. --Burke. 3. (Law) (a) 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. --Bouvier. --Wharton. (b) A recompense or reward for some loss or service. (c) 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 balance, or Compensated balance, a kind of balance wheel for a timepiece. The rim is usually made of two different metals having different expansibility under changes of temperature, so arranged as to counteract each other and preserve uniformity of movement. Compensation pendulum. See Pendulum. Syn: Recompense; reward; indemnification; consideration; requital; satisfaction; set-off.

Meaning of Compensation from wikipedia

- Compensation may refer to: Financial compensation Compensation (chess), various advantages a player has in exchange for a disadvantage Compensation (engineering)...
- Workers' compensation or workers' comp is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment...
- Financial compensation refers to the act of providing a person with money or other things of economic value in exchange for their goods, labor, or to provide...
- A compensation winding in a DC shunt motor is a winding in the field pole face plate that carries armature current to reduce stator field distortion. Its...
- Exposure compensation is a technique for adjusting the exposure indicated by a photographic exposure meter, in consideration of factors that may cause...
- underperform, in terms both of stock and of operating performance". Executive compensation has been a source of criticism following a dramatic rise in pay relative...
- The September 11th Victim Compensation Fund (VCF) was created by an Act of Congress, the Air Transportation Safety and System Stabilization Act (49 USC...
- Deferred compensation is an arrangement in which a portion of an employee's income is paid out at a later date after which the income was earned. Examples...
- Motion compensation is an algorithmic technique used to predict a frame in a video, given the previous and/or ****ure frames by accounting for motion of...
- Compensation and benefits (C&B) is a sub-discipline of human resources, focused on employee compensation and benefits policy-making. While compensation...