Definition of compensation

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Compensation (n.) The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.

Lern More About Compensation

Emolument :: Emolument (n.) The profit arising from office, employment, or labor; gain; compensation; advantage; perquisites, fees, or salary..
Atone :: Atone (v. i.) To stand as an equivalent; to make reparation, compensation, or amends, for an offense or a crime..
Schooling :: Schooling (n.) Compensation for instruction; price or reward paid to an instructor for teaching pupils.
Extra :: Extra (n.) Something in addition to what is due, expected, or customary; something in addition to the regular charge or compensation, or for which an additional charge is made; as, at European hotels lights are extras..
Compensation :: Compensation (n.) A recompense or reward for some loss or service.
Compensative :: Compensative (a.) Affording compensation.
Recompense :: Recompense (v. t.) To return an equivalent for; to give compensation for; to atone for; to pay for.
Modus :: Modus (n.) A fixed compensation or equivalent given instead of payment of tithes in kind, expressed in full by the phrase modus decimandi..
Stipendiaries :: Stipendiary (a.) Receiving wages, or salary; performing services for a stated price or compensation..
For :: For (prep.) Indicating that on place of or instead of which anything acts or serves, or that to which a substitute, an equivalent, a compensation, or the like, is offered or made; instead of, or place of..
Countervail :: Countervail (n.) Power or value sufficient to obviate any effect; equal weight, strength, or value; equivalent; compensation; requital..
Wages :: Wages (n.) A compensation given to a hired person for services; price paid for labor; recompense; hire. See Wage, n., 2..
Broker :: Broker (v. t.) An agent employed to effect bargains and contracts, as a middleman or negotiator, between other persons, for a compensation commonly called brokerage. He takes no possession, as broker, of the subject matter of the negotiation. He generally contracts in the names of those who employ him, and not in his own..
Factorage :: Factorage (n.) The allowance given to a factor, as a compensation for his services; -- called also a commission..
Lend :: Lend (v. t.) To let for hire or compensation; as, to lend a horse or gig..
Geld :: Geld (n.) Money; tribute; compensation; ransom.
Deceit :: Deceit (n.) Any trick, collusion, contrivance, false representation, or underhand practice, used to defraud another. When injury is thereby effected, an action of deceit, as it called, lies for compensation..
Consideration :: Consideration (n.) The cause which moves a contracting party to enter into an agreement; the material cause of a contract; the price of a stripulation; compensation; equivalent.
Lease :: Lease (v. t.) A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation..
Let :: Let (v. t.) To allow to be used or occupied for a compensation; to lease; to rent; to hire out; -- often with out; as, to let a farm; to let a house; to let out horses..
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