- compensation
-
com·pen·sa·tion /ˌkäm-pən-'sā-shən/ n1: the act of compensating2 in the civil law of Louisiana: the ending of mutual obligations between two people for money or quantities of fungible things usu. by operation of law but sometimes by an agreement3: something that makes up for a lossreceived compensation for the breach of contract; specif: payment to unemployed or injured workers or their dependents see also unemployment compensation, workers' compensation4: payment for a thing of value tendered or a service renderedthe Senators and Representatives shall receive compensation for their services — U.S. Constitution art. I
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- compensation
-
I
noun
amends, atonement, commutation, compensatio, consideration, damages, defrayal, defrayment, earnings, emolument, equivalent given for injury, equivalent given for loss sustained, fee, financial remuneration, guerdon, indemnification, indemnity, meed, monetary remuneration, pay, payment, payment of damages, quittance, reclamation, recompensation in value, recompense, recoupment, recovery, rectification, reimbursement, remuneration, remuneration for injury, reparation, repayment, requital, restoration, retainer, retaining fee, retrieval, return, reward, reward for injury, reward for loss, reward for service, salary, satisfaction, satisfaction for damage, satisfaction for injury, settlement, solatium, wages
associated concepts: adequate compensation, adjusted compensation, agreement for compensation, compensatory damages, fair and reasonable compensation, full compensation, just and adequate compensation, payments of compensation, reasonable compensation
foreign phrases:
- Corporal is injuria non red pit aestimationem de futuro. — A personal injury cannot be compensated for by later acts.II index advance (allowance), aid (subsistence), benefit (conferment), brokerage, collection (payment), commission (fee), consideration (recompense), contribution (indemnification), damages, disbursement (funds paid out), discharge (payment), earnings, expiation, fee (charge), honorarium, income, indemnification, indemnity, offset, out of pocket, pay, payment (act of paying), payment (remittance), payroll, pension, perquisite, price, profit, recompense, recovery (award), refund, reimbursement, relief (legal redress), remedy (legal means of redress), remuneration, rendition (restoration), rent, reparation (indemnification), replacement, requital, restitution, retainer, retribution, revenue, reward, satisfaction (discharge of debt), tip (gratuity), trover, wage
Burton's Legal Thesaurus. William C. Burton. 2006
- compensation
-
1. a monetary payment for loss or damage.2. in Scotland, the right to set off one debt against another with the effect of reducing the one by the amount of the other. The right is not available after decree. It applies only to liquid debts or, at the discretion of the court, debts easily made liquid. There must be concursus debiti et crediti, meaning that each party must be the other's debtor and creditor. An executor sued for a private debt has been held unable to plead compensation in respect of a debt owed to him as executor. The rules operate differently in insolvency. See criminal injuries compensation.
Collins dictionary of law. W. J. Stewart. 2001.
- compensation
-
Payment for work performed or damages suffered (for example, in the form of workers' compensation benefits).Category: Employment Law & HR → Employee RightsCategory: Employment Law & HR → Human Resources
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- compensation
-
n.1 Payment for work done.2 Payment for injury, loss, or otherwise depriving a person of something he or she is entitled to.See also damages.@ deferred compensation1 Payment at some agreed time in the future for work already done.2 Payment for work done paid in a tax year subsequent to when the payment is earned or paid in a manner, such as contributing to a qualified pension or profit-sharing plan, that postpones the employee's tax liability for the payment.n. Compensation that is paid to an employee at a time later than the one at which it was earned, with the tax on that compensation deferred as well. Often in the form of stock options in the employer corporation.=>> compensation.@ just compensationThe compensation to a property owner required by the Fifth Amendment to the United States Constitution whenever a state government or the federal government takes possession of private property by means of eminent domain for public use. Generally, the amount of compensation is the market value of the property at the time of the taking.See also eminent domain.=>> compensation.@
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- compensation
-
A pecuniary remedy that is awarded to an individual who has sustained an injury in order to replace the loss caused by said injury, such as workers' compensation. Wages paid to an employee or, generally, fees, salaries, or allowances. The payment a landowner is given to make up for the injury suffered as a result of the seizure when his or her land is taken by the government through eminent domain.
Dictionary from West's Encyclopedia of American Law. 2005.
- compensation
-
A pecuniary remedy that is awarded to an individual who has sustained an injury in order to replace the loss caused by said injury, such as workers' compensation. Wages paid to an employee or, generally, fees, salaries, or allowances. The payment a landowner is given to make up for the injury suffered as a result of the seizure when his or her land is taken by the government through eminent domain.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- compensation
-
n.1) payment for work performed, by salary, wages, commission or otherwise. It can include giving goods rather than money.2) the amount received to "make one whole" (or at least better) after an injury or loss, particularly that paid by an insurance company either of the party causing the damage or by one's own insurer.
Law dictionary. EdwART. 2013.