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 ?
Mavrovouniotis added that after the assurances from President Nicos Anastasiades in May, that he would discuss ways to compensate bondholders with party leaders, the association has not heard any news from the government.
Canon's newly developed Hybrid IS technology optimally compensates for angular camera shake (rotational) and shift camera shake (linear).
Type T, or thermostatic mixing valves, compensate for both fluctuations in temperature and pressure (though to a lesser degree than Type P valves for pressure).
The court noted that under the FLSA, employers are not required to compensate employees for "walking, riding, or traveling to and from the actual place of the performance of the principal activity or activities which such employee is required to perform." (21) The court also noted that training is a normal activity for a law enforcement officer and benefits both the officer and the agency.
The factor of aptitude that allows trained test pilots to compensate for evident deficiencies in flight control system is the problem this paper directly addresses.
--The Commission's analysis is based on a document adopted on July 25, 2001, which lays down the criteria on the basis of which it will analyse state aid to compensate for stranded costs.
* The training pattern will be changed to an alternating pattern between data lines to compensate for some of the crosstalk effects.
The social and economic disadvantage of African Americans, a legacy of slavery, has brought a new demand: reparations, a money settlement to compensate blacks for the injury done them in slavery.
(In type 1 diabetes, the pancreas stops secreting insulin.) To compensate for insulin resistance, the body secretes more and more, but it can't keep up.
In this case, no new areas of heightened neural activity compensate for the effects of sleepiness.
Some companies may offer additional deferred compensation plans to Highly Compensated Employees to compensate for the possible restrictions of a 401(k) plan."
In the Adlerian model, individuals compensate to deal with some felt inferiority.

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