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

- Look up compensation in Wiktionary, the free dictionary. Compensation may refer to: Financial compensation Compensation (chess), various advantages a...
- Workers' compensation or workers' comp is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment...
- In welfare economics, the compensation principle refers to a decision rule used to select between pairs of alternative feasible social states. One of these...
- In psychology, compensation is a strategy whereby one covers up, consciously or unconsciously, weaknesses, frustrations, desires, or feelings of inadequacy...
- eligible for compensation, as did more than 2,750 subpostmasters who had been affected by the scandal but not convicted. The final cost of compensation is expected...
- therefore entitled to workers' compensation. Despite further attempts by the NCAA to classify student-athlete compensation as a violation of the Commerce...
- Compensation and benefits refer to remuneration to employees from employers. Which is the payments or rewards provided to an individual for the work that...
- X-Video Motion Compensation (XvMC), is an extension of the X video extension (Xv) for the X Window System. The XvMC API allows video programs to offload...
- Social compensation is considered the complement of social loafing, and refers to when individuals work harder and expend more effort in a group setting...
- National Council on Compensation Insurance (NCCI) is a U.S. insurance rating and data collection bureau specializing in workers' compensation. Operating with...