compensation
com-pen-sa-tion · noun
Definitions
noun
- 1.
Something given or received as payment or reparation for loss, injury, or suffering.
- 2.
Salary and benefits received for work performed.
- 3.
The act of making up for a deficiency or counterbalancing something.
Forms
plural: compensations
Phrases & expressions
- •workers' compensation — insurance for workplace injuries
- •compensation package — total salary and benefits
- •in compensation — as repayment or offset
Related words
Etymology
From Latin "compensatio" meaning a weighing together, from "compensare" (to weigh together, counterbalance).