Definition of compensation

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Compensation (n.) An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation..

Lern More About Compensation

Satisfaction :: Satisfaction (n.) Settlement of a claim, due, or demand; payment; indemnification; adequate compensation..
Board :: Board (n.) To place at board, for compensation; as, to board one's horse at a livery stable..
Hire :: Hire (n.) The price, reward, or compensation paid, or contracted to be paid, for the temporary use of a thing or a place, for personal service, or for labor; wages; rent; pay..
Indemnify :: Indemnify (v. t.) To make restitution or compensation for, as for that which is lost; to make whole; to reimburse; to compensate..
Emolument :: Emolument (n.) The profit arising from office, employment, or labor; gain; compensation; advantage; perquisites, fees, or salary..
Compensation :: Compensation (n.) The act or principle of compensating.
Livery :: Livery (n.) The feeding, stabling, and care of horses for compensation; boarding; as, to keep one's horses at livery..
Octogild :: Octogild (n.) A pecuniary compensation for an injury, of eight times the value of the thing..
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..
Boarder :: Boarder (n.) One who has food statedly at another's table, or meals and lodgings in his house, for pay, or compensation of any kind..
Modus :: Modus (n.) A fixed compensation or equivalent given instead of payment of tithes in kind, expressed in full by the phrase modus decimandi..
Grant :: Grant (v. t.) To bestow or confer, with or without compensation, particularly in answer to prayer or request; to give..
Damage :: Damage (n.) The estimated reparation in money for detriment or injury sustained; a compensation, recompense, or satisfaction to one party, for a wrong or injury actually done to him by another..
Owe :: Owe (v.) Hence: To have or be under an obigation to restore, pay, or render (something) in return or compensation for something received; to be indebted in the sum of; as, the subject owes allegiance; the fortunate owe assistance to the unfortunate..
Stipend :: Stipend (n.) Settled pay or compensation for services, whether paid daily, monthly, or annually..
Manbote :: Manbote (n.) A sum paid to a lord as a pecuniary compensation for killing his man (that is, his vassal, servant, or tenant)..
Lend :: Lend (v. t.) To let for hire or compensation; as, to lend a horse or gig..
Recompense :: Recompense (v. t.) To return an equivalent for; to give compensation for; to atone for; to pay for.
Give :: Give (n.) To bestow without receiving a return; to confer without compensation; to impart, as a possession; to grant, as authority or permission; to yield up or allow..
Reparation :: Reparation (n.) The act of making amends or giving satisfaction or compensation for a wrong, injury, etc.; also, the thing done or given; amends; satisfaction; indemnity..
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