Compensation

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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 periodicals archive ?
It describes the waiver process and appeal rights for situations where federal personnel may have unwittingly accepted an emolument without prior approval.
A former minister who has been accused of abusing his position, was provided with emoluments according to a royal decree, he said.
Milton found sufficient evidence to require Edwin Lee, 34, to stand trial on one felony count of filing a false police report and one misdemeanor count of ``receiving an unauthorized emolument, gratuity or reward.
Anglican divine Thomas Gaisford (1779-1855) confidently proclaimed in a Christmas sermon "The study of Greek literature not only elevates above the vulgar herd, but can lead to positions of considerable emolument, not only in this world, but the next.
Tajima, 61, an outspoken feminist scholar and TV personality, vowed to cut governor's emolument by at least 20% and disclose all social expenses as part of five campaign pledges, and proposed five ordinances including ones to nurture welfare businesses and support child-rearing.
While GLAD awaits the court's decision, Bonauto said they are banking on the state constitution's common benefits clause, which states that government is "instituted for the common benefit, protection, and security of the people, nation, or community, and not the particular emolument or advantage of any single person, family, or set of persons who are part only of that community.
Junior bankers in the UAE are reaping almost 36 per cent more salary than their counterparts in London, according to a March report from compensation data provider Emolument.
Professionals shouldn't underestimate the fluidity of recruitment in banking in the UAE," Emolument said.
Constitution specifies: "No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince or foreign State.
Under the Act, each Governor is entitled to an emolument of Rs 1, 10, 000 per month.
The Board of Directors propose an emolument of 1,2 MSEK, of which 500 000 SEK to the Chairman and 100 000 SEK to each board member not employed by Telelogic.
Payment Terms: aucun emolument si le dossier est Telecharge