remuneration

(redirected from Nominal sum)
Also found in: Dictionary, Thesaurus, Medical, Legal.

Compensation

Payment for services rendered. One is due compensation when one has performed a service for an employer or client. Examples of compensation include wages, salaries, tips, fees, and commissions. Compensation is usually the primary component of an individual's tax liability. It is also called remuneration.

remuneration

the PAY or reward to workers and managers for their labour services, in the form of WAGES, SALARIES and bonuses.
References in periodicals archive ?
It was bought for a nominal sum but required a loan of pounds 2.
For a nominal sum, individuals can rent a workspace, locker and a light (For the majority, there is no proper electricity supply, which makes evening home study impossible.
The ECB said that its Single Resolution Board (SRB) had undertaken a resolution scheme, which included the Banco Santander acquisition of Banco Popular for the nominal sum of EUR1.
Wame will pay a nominal sum for the 2 permits, but Alecto can get a royalty on gold sold of about US$1mln for every venture or will a proportion of the proceeds if one or the other is sold.
It comes less than a week after retail tycoon Sir Philip Green announced the sale of the loss-making business to a consortium of little-known investors called Retail Acquisitions for a nominal sum reported to be as little as PS1.
When you think of all the money wasted by Kirklees, I am sure people would prefer to pay a nominal sum to go to the toilet rather than be faced with closed doors.
29 April 2013 - UK business services company Rentokil Initial Plc (LON:RTO) said today that it had sold its troubled express delivery unit City Link Limited to private equity investor BECAP12 Fund LP, part of UK's Better Capital PCC Ltd (LON:BCAP), for the nominal sum of GBP1.
But he was made bankrupt in 2009 and it's believed all his assets have already been seized, so a judge gave him seven days to pay back the nominal sum of PS1.
But when it come to financial retribution, some will pay a nominal sum of just pounds 1.
It has struck a deal with Japan's biggest retailer, Aeon, to sell half the business for a nominal sum and inject pounds 40m of restructuring costs into a joint venture prior to its exit.
Debt reduction will be provided by growth of the nominal GDP by around 15% in average with a comparatively low dynamics of change of the external debt nominal sum by around 7%, the Deputy Finance Minister said.
According to The Smoking Gun, Murley will receive the nominal sum from the government as part of a legal settlement.