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

christmassy

typical of Christmas, or happy because it is Christmas

Word of the Day

Cleavage proves divisive in Cambridge’s words of 2014

by Alastair Horne,
December 19, 2014
​​​​ Other dictionaries may choose faddish novelties as their words of the year, but here at Cambridge, we like to do something different. We look for the words that have seen sudden surges in searches over the course of the year – words that have been baffling users of English and driven them

Read More 

tweleb noun

December 22, 2014
informal a Twitter celebrity; (more specifically, someone who has more than 1,000 followers on Twitter) There were a few old and a few new faces, including a tweleb or two. Expect to see and hear more from these cool kids.

Read More