compensation payment
noun [C] INSURANCE, LAWDefinition
› an amount of money that is paid to someone because they have been hurt, or because something has been lost or damaged: Workers' compensation payments for injured employees have soared recently. The company faces huge compensation payments to farmers for destroying crops contaminated with genetically modified seeds.
(Definition of compensation payment noun from the Cambridge Business English Dictionary
© Cambridge University Press)
Browse the Thesaurus
Our dictionaries
Browse the Dictionary
Word of the Day
throw caution to the wind/winds
to do something without worrying about the risk or negative results
Blog
Read our blog about how the English language behaves.
New Words
Find words and meanings that have just started to be used in English, and let us know what you think of them.
