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English definition of “compensation”


noun [U] (JOB PAYMENT)    /ˌkɒm.penˈseɪ.ʃən/ US  /ˌkɑːm-/
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 .Earning money and money earned compensatory     /ˌkɒm.pənˈseɪt.əri/ US  /kəmˈpen.səˌtɔːri/ adjective mainly US He was awarded $3 million in compensatory damages .Court cases, orders and decisions
(Definition of compensation noun (JOB PAYMENT) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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