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Meaning of “compensation” in the English Dictionary

"compensation" in British English

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compensationnoun

uk   /ˌkɒm.penˈseɪ.ʃən/  us   /ˌkɑːm.penˈseɪ.ʃən/
  • 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.
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

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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…
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“compensation” in Business English

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