Compensation

(redirected from remunerated)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia.

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 ?
professional and remunerated athletes, who, despite taking part in
Meanwhile, Hartlepool MP Peter Mandelson's interests included eight listed as remunerated employment, including between pounds 10,000 and pounds 15,000 for a GQ magazine column.
Remunerated employment, office, profession etc: Regular column in the Mail on Sunday.
For another show, called Person Remunerated for a Period of 360 Consecutive Hours, an asylum seeker was bricked up behind a wall for 15 days - and fed through a hatch.
Participants will be remunerated monetarily and possibly with continuing professional education credit.
Farmers expressed concern over the welfare of their sheep and cattle immediately following the reports, but authorities stated any livestock damages would be remunerated. Authorities also stated the wolf, or wolves, posed no threat to the general public.
Clergy who live in their own homes can be remunerated either by a stipend plus a cash amount for a housing allowance, or a straight salary.
"The development of this industry will be severely hampered if we do not find a sustainable way of securing experienced, properly remunerated stable staff to undertake the vital job of caring for our racehorses."
To this end, she believes that raising children should be remunerated as work.
Mr Mmolotsi said civil servants were integral drivers of the country's economy, therefore they should be fully remunerated based on the important role they play towards economic growth and service delivery.
The accounts show that the "highest-paid director" - understood to be McClaren - was remunerated PS674,000 in wages for his failed ninemonth spell at the helm.
Teachers are also being directed to withdraw co-operation for the new Junior Cycle Framework and not to undertake any duties arising from vacated middlemanagement positions unless they are remunerated for their pensions.