Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “compensation”

See all translations

compensation

noun [U]
 
 
/ˌkɒmpənˈseɪʃən/ ( abbreviation comp)
HR the combination of payment and other benefits that an employee receives for doing their job: Annual compensation for our executives includes salary, bonus, and other benefits. Poor compensation may be hurting recruiting and retention efforts in nursing schools.
LAW, INSURANCE money that is paid to someone because they have been hurt, or because something has been lost or damaged: If you can prove that someone else was to blame for your accident, you will be entitled to compensation. In a case like this, there is no limit to the compensation that can be awarded. seek compensation for injury a compensation claim
→  See also employee compensation , social security compensation , unemployment compensation , employee compensation
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 Business English Dictionary © Cambridge University Press)
What is the pronunciation of compensation?
Add Cambridge dictionaries to your browser to your website

Definitions of “compensation” in other dictionaries

Word of the Day

beginner's luck

unexpected success experienced by a person who is just starting a particular activity

Word of the Day

Think long and hard; the language of decisions

by Liz Walter,
January 28, 2015
One of the best ways (perhaps the best way) to improve your English is to learn how words go together in phrases, idioms, or other patterns such as verb/noun or adjective/noun pairs (often called ‘collocations’). This blog looks at some useful phrases and collocations connected with the subject of decisions, something we

Read More 

micro pig noun

January 26, 2015
an extremely small pig, bred to be a pet Micro pigs have become popular pets recently, with famous owners including Victoria Beckham, Paris Hilton and Olympic diver, Tom Daley.

Read More