Remunerating financial definition of remunerating
Compensation (redirected from remunerating)
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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.
rendered. One is due compensation when one has performed a service for an employer or client. Examples of compensation include wages
, and commissions
. Compensation is usually the primary component of an individual's tax liability
. It is also called remuneration.
(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.
Wages, commissions, tips, professional fees, and net self-employment income received for services rendered; that is, earned income.
References in periodicals archive
The world's largest direct seller uses Reshare's methodology for remunerating
valuable Sales Representatives
However Railtrack has concerns over the mechanisms proposed by the Regulator for remunerating
He said the government is keen to explore radical and innovative approaches to the funding and delivery of the programme, including the scope for greater private sector investment and potential ways of remunerating