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 ?
29) Again, the applicability of the clause is obvious when it comes to any emoluments from foreign government authorities; however, it is less clear when the entity offering the emolument is either funded or controlled by a foreign government authority but is seemingly unrelated to the foreign sovereign's function, e.
com/what-emoluments-clause-ethics-office-says-it-cant-look-trumps-possible-violation-2548673) Ethics Office Says It Can't Look Into Trump's Possible Violation Of Domestic Emoluments Clause
amp;nbsp;Patricia Lynn Murray had requested the OGE to probe the possibility of Trump getting federal government deals along with his private business, which violates the Constitution's domestic emoluments clause.
The study came as separate research from r Emolument.
Unlike with bribery statutes, a violation of the Foreign Emoluments Clause doesn't require proof that an official gave something in return.
The state plaintiffs also assert a claim under the Domestic Emoluments Clause, which prohibits the president from receiving "any other Emolument [beyond his salary] from the United States, or any of them" during his term of office.
The President shall, at stated Times, receive for his Services, a Compensation, which shall neither be increased nor diminished during the Period for which he shall have been elected, and he shall not receive within that Period any other Emolument from the United States, or any of them.
An emolument is defined as payment for work - and the founders didn't want public officials working for anyone but the people of the United States.
In addition, the AGM decided that the chairman of the board be entitled to an annual emoluments of EUR48,000 and the other board members to an annual emolument of EUR24,000.
Barack Obama's former ethics lawyer, Norman Eisen, agreed: "Each of these trademarks is a potential emolument.
Banking associates in the City could see their wages slashed by 30 per cent if they moved to the European cities, while for managing directors the gap widens to up to 80 per cent, according to website Emolument.
Salaries for communications and marketing managers leapt by 37% to PS70,000 this year, with competition for digital marketing bosses remaining fierce, according to Emolument.