Compensation

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Related to compensating: compensating balance, compensating curve

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 ?
Now that you better understand compensating behaviors, I'll discuss two of the most common types of waste I've seen on a packaging line.
Finally, it is essential to implement a good set of compensating controls to ensure that there is always a backup plan to address a vulnerability that may impact operations.
The final section 482 regulations allow taxpayers to report transaction results on timely filed returns based on prices different from those actually charged(33) (commonly referred to as "compensating adjustments").
A schematic drawing and circuit layout of a temperature compensated Ka-band (26 to 40 GHz) VCO with two possible placements of a compensating capacitor [C.sub.c) are shown in Figure 6.
Research on measuring compensating differentials endeavors to explain observed variations in wages by means of an equation which relates worker and job characteristics to wage levels.
She further clarified that no one is opposed to the airport expansion adding that residents only want their compensating so that they can leave the area.
ISLAMABAD -- The longstanding issue of compensating people for their land in E-12 took a political turn after a local MNA accused leaders of the ruling party of giving preference to some people during the finalising of the list of people who are to be compensated.
Contract notice: 10 kv and 35 kv compensatory reel, 10 kv compensating coil - own needs transformers and coils of compensating controls.
Transmitter pre-compensation with cutback: This is an open-loop method of compensating for some of the signal loss that is most severe on the first part of a signal's transition.
This is all accomplished while- compensating, the primary care physician only a farthing and flooding him or her with a blizzard of paper and phone calls.
By carefully measuring the compensating electric force, they could deduce the gravitational force and calculate G.
These analyses would have come out differently if the purpose had been to compare the cost to the employer of nonqualified deferred compensation with the cost of compensating the executive directly.