compensation

com-pen-sa-tion · noun

imported

Definitions

noun

  1. 1.

    Something given or received as payment or reparation for loss, injury, or suffering.

  2. 2.

    Salary and benefits received for work performed.

  3. 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).