compensation Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “compensation” in the English Dictionary

"compensation" in British English

See all translations

compensationnoun

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 ​losteye. You should claim/​seek compensation. a compensation claim

expend iconexpend iconMore examples

  • compensation noun (EXCHANGE)

[C or U] something that makes you ​feelbetter 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 ​boringevening.
  • compensation noun (JOB PAYMENT)

[U] the ​combination of ​money and other benefits (= ​rewards) that an ​employeereceives for doing ​theirjob: Annual compensation for ​ourexecutivesincludessalary and ​bonus under ​ourincentiveplan.
compensatory
adjective uk   /ˌkɒm.pənˈseɪt.əri/  us   /kəmˈpen.səˌtɔːri/
mainly US He was ​awarded $3 million in compensatory damages.
(Definition of compensation from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"compensation" in Business English

See all translations

compensationnoun [U]

uk   us   /ˌkɒmpənˈseɪʃən/ ( abbreviation comp)
HR the ​combination of ​payment and other benefits that an ​employee receives for doing their ​job: Annual compensation for our ​executivesincludessalary, ​bonus, and other ​benefits. Poor compensation may be hurting ​recruiting and ​retentionefforts 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 forinjury a compensation ​claim
(Definition of compensation from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “compensation”
in Arabic تَعْويض…
in Korean 보상…
in Portuguese indenização…
in Catalan indemnització…
in Japanese 賠償…
in Chinese (Simplified) 钱, 赔偿金, 补偿金…
in Turkish tazminat, karşılık, bedel…
in Russian компенсация, возмещение…
in Chinese (Traditional) 錢, 賠償金, 補償金…
in Italian risarcimento, indennizzo…
in Polish odszkodowanie, rekompensata, wynagrodzenie…
What is the pronunciation of compensation?
Add Cambridge dictionaries to your browser to your website

“compensation” in Business English

Word of the Day

float

a large vehicle with a flat surface that is decorated and used in festivals

Word of the Day

Chest pains and palpitations: talking about illness (2)
Chest pains and palpitations: talking about illness (2)
by Liz Walter,
February 03, 2016
My previous post (My leg hurts: Talking about illness (1)) presented some general vocabulary to use at the doctor’s. This one looks at some more specific areas of illness and explains some useful words and phrases that you may need to use or understand on a visit to the doctor’s. There are several

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More