Compensation

(redirected from compensate)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.
Related to compensate: thesaurus

Compensation

Arrangement under which the delivery of goods to a party is paid for by buying back a certain amount of the product from the recipient of the goods.

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.

compensation

(1) Payment for goods or services.(2) Damages necessary to restore an injured party to his or her position before the wrongdoing.(3) In eminent domain, payment to property owners for the value of the property taken and any damage caused to the value of the remaining property.

Compensation

Wages, commissions, tips, professional fees, and net self-employment income received for services rendered; that is, earned income.
References in classic literature ?
What was to ensue when we found her and what could compensate us for this loss of time were questions also that I could not possibly dismiss; my mind was quite tortured by long dwelling on such reflections when we stopped.
I told those who doubted the wisdom of the plan that I knew that our first buildings would not be so comfortable or so complete in their finish as buildings erected by the experienced hands of outside workmen, but that in the teaching of civilization, self-help, and self-reliance, the erection of buildings by the students themselves would more than compensate for any lack of comfort or fine finish.
I would not care who knew that I had killed you; the pleasure of killing you would more than compensate for any punishment they might inflict upon me.
We'll likely have to content ourselves with a shabby little place on some street whereon live people whom to know is to be unknown, and make life inside compensate for the outside.
Will you give me a little happiness to compensate for what I have suffered since you left me?
He panted and sobbed, wasting his effort by too much effort, losing sanity and control and futilely trying to compensate for the loss by excess of physical endeavor.
Marilla felt this and was vaguely troubled over it, realizing that the ups and downs of existence would probably bear hardly on this impulsive soul and not sufficiently understanding that the equally great capacity for delight might more than compensate.
She would probably have been dismissed in a few weeks, with a year's salary to compensate her, and with a recommendation to some suitable employment.
And to compensate that," said Barbicane, "the nights have the same length; and as heat is restored by radiation, their temperature can only be that of the planetary space.
A large number of individuals, by giving a better chance for the appearance within any given period of profitable variations, will compensate for a lesser amount of variability in each individual, and is, I believe, an extremely important element of success.
No public interests, no ambitious projects, or active pursuits, - or ties of friendship even (if he had had any friends), could compensate to him for the absence of domestic comforts and endearments.
The harm of the improved machinery may compensate its good.