compensation definition, meaning - what is compensation in the British English Dictionary & Thesaurus - Cambridge Dictionaries Online

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English definition of “compensation”

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compensation

noun uk   /ˌkɒm.penˈseɪ.ʃən/  us   /ˌkɑːm-/

compensation noun (MONEY)

[U] money that is paid to someone in exchange for something that has been lost or damaged or for some problem: She received £40,000 in compensation for a lost eye. You should claim/seek compensation. a compensation claim
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compensation noun (EXCHANGE)

[C or U] something that makes you feel better when you have suffered something bad: I have to spend three months of the year away from home - but there are compensations like the chance to meet new people. Free food was no compensation for a very boring evening.

compensation noun (JOB PAYMENT)

[U] the combination of money and other benefits (= rewards) that an employee receives for doing their job: Annual compensation for our executives includes salary and bonus under our incentive plan.
compensatory
adjective uk   /ˌkɒm.pənˈseɪt.əri/  us   /kəmˈpen.səˌtɔːri/
mainly US He was awarded $3 million in compensatory damages.
Translations of “compensation”
in Korean 보상…
in Arabic تَعْويض…
in Portuguese indenização…
in Catalan indemnització…
in Japanese 賠償…
in Italian risarcimento, indennizzo…
in Chinese (Traditional) 錢, 賠償金, 補償金…
in Russian компенсация, возмещение…
in Turkish tazminat, karşılık, bedel…
in Chinese (Simplified) 钱, 赔偿金, 补偿金…
in Polish odszkodowanie, rekompensata, wynagrodzenie…
(Definition of compensation from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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