compensation for loss
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compensation for loss of office — A lump sum ex gratia payment made to an employee or director as compensation for the termination of a service contract. The payment can be wholly or partly tax free provided that the employee is not entitled to the compensation under the service… … Accounting dictionary
compensation for loss of office — A payment made by a company to a director, senior executive, or consultant who is forced to retire before the expiry of a service contract, as a result of a merger, takeover, or any other reason. This form of severance pay (see also redundancy)… … Big dictionary of business and management
reward for loss — index compensation Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
loss — [ lɔs ] noun *** ▸ 1 no longer having something ▸ 2 having less than before ▸ 3 failure to win race etc. ▸ 4 money lost ▸ 5 death of someone ▸ 6 sadness from death/loss ▸ 7 disadvantage from loss ▸ + PHRASES 1. ) count or uncount the state of not … Usage of the words and phrases in modern English
equivalent given for loss sustained — index compensation Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
compensation — com|pen|sa|tion W3 [ˌkɔmpənˈseıʃən US ˌka:m ] n 1.) [U] money paid to someone because they have suffered injury or loss, or because something they own has been damaged compensation for ▪ compensation for injuries at work compensation from ▪ She… … Dictionary of contemporary English
compensation — [[t]kɒ̱mpənse͟ɪʃ(ə)n[/t]] ♦♦♦ compensations 1) N UNCOUNT Compensation is money that someone who has experienced loss or suffering claims from the person or organization responsible, or from the state. He received one year s salary as compensation … English dictionary
compensation — noun 1 (U) money that someone pays you because they have harmed or hurt you in some way (+ for): compensation for injuries at work | in compensation: The plane was cancelled, and all we got in compensation was a free meal. | as compensation: The… … Longman dictionary of contemporary English
loss — The opposite of gain. Bloomberg Financial Dictionary * * * loss loss [lɒs ǁ lɒːs] noun 1. [countable, uncountable] the fact of no longer having something that you used to have, or having less of it: • loss of earnings through illness ˈjob loss… … Financial and business terms
loss — /lɒs/ noun 1. the state or process of not having something any more ♦ loss of customers not keeping customers because of bad service, high prices, etc. ♦ loss of an order not getting an order which was expected ♦ the company suffered a loss of… … Dictionary of banking and finance
