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Compensation   /kˌɑmpənsˈeɪʃən/   Listen
noun
Compensation  n.  
1.
The act or principle of compensating.
2.
That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense. "The parliament which dissolved the monastic foundations... vouchsafed not a word toward securing the slightest compensation to the dispossessed owners." "No pecuniary compensation can possibly reward them."
3.
(Law)
(a)
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.
(b)
A recompense or reward for some loss or service.
(c)
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.
Compensation balance, or Compensated balance, a kind of balance wheel for a timepiece. The rim is usually made of two different metals having different expansibility under changes of temperature, so arranged as to counteract each other and preserve uniformity of movement.
Compensation pendulum. See Pendulum.
Synonyms: Recompense; reward; indemnification; consideration; requital; satisfaction; set-off.






Collaborative International Dictionary of English 0.48








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"Compensation" Quotes from Famous Books



... without any rhyme or reason, an English merchant, who happened to be riding along the high road. Of course the British Government demanded satisfaction: the punishment of the murderer, and a good round sum as compensation to his bereaved family. These very moderate terms the prince doesn't seem inclined to agree to, and we are, therefore, ordered here to impress him with the necessity of doing so, and, if he does not, we are to batter down his town, to take possession of his fleet—for ...
— The Three Admirals • W.H.G. Kingston

... in 1763 the whole of French America was ceded to England, which also obtained possession of Florida from Spain, in exchange for the Philippines, captured during the war. As a compensation all the country west of the Mississippi became joined on to the Spanish possessions in Mexico. These of course became, nominally French when Napoleon's brother Joseph was placed on the Spanish throne, but Napoleon sold them to the United ...
— The Story of Geographical Discovery - How the World Became Known • Joseph Jacobs

... owner's financial career, which had led to new additions, under the names, of "The Comstock Lode Period," "The Union Pacific Renaissance," "The Great Wheat Corner," and "Water Front Gable Style," a humorous trifling that did not, however, prevent a few who were artists from accepting Maecenas's liberal compensation for their services in giving ...
— A Sappho of Green Springs • Bret Harte

... tournure of his calf, it is not surprising that she should find a domestic who has no attachment for the family, who considers the figure he cuts behind her carriage, and the late hours he is compelled to keep, a full compensation for the wages he exacts, for the food he wastes, and for the perquisites he can lay his hands on. Nor should the fast young man, who chooses his groom for his knowingness in the ways of the turf and in the tricks of low horse-dealers, be surprised if he is sometimes ...
— The Book of Household Management • Mrs. Isabella Beeton

... he kept his wife from all superfluous demonstrations of tenderness. 'On Enyusha's first visit, my dear soul,' he said to her, 'we bothered him a little; we must be wiser this time.' Arina Vlasyevna agreed with her husband, but that was small compensation since she saw her son only at meals, and was now absolutely afraid to address him. 'Enyushenka,' she would say sometimes—and before he had time to look round, she was nervously fingering the tassels of her reticule and faltering, 'Never mind, never mind, I only——' and afterwards ...
— Fathers and Children • Ivan Sergeevich Turgenev


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