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Compensation   /kˌɑmpənsˈeɪʃən/   Listen
noun
Compensation  n.  
1.
The act or principle of compensating.
2.
That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense. "The parliament which dissolved the monastic foundations... vouchsafed not a word toward securing the slightest compensation to the dispossessed owners." "No pecuniary compensation can possibly reward them."
3.
(Law)
(a)
The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
(b)
A recompense or reward for some loss or service.
(c)
An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation.
Compensation balance, or Compensated balance, a kind of balance wheel for a timepiece. The rim is usually made of two different metals having different expansibility under changes of temperature, so arranged as to counteract each other and preserve uniformity of movement.
Compensation pendulum. See Pendulum.
Synonyms: Recompense; reward; indemnification; consideration; requital; satisfaction; set-off.





Collaborative International Dictionary of English 0.48


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"Compensation" Quotes from Famous Books



... their orphans, and many of Mrs. Graham's former pupils volunteered their services, taking upon themselves, by rotation, the part of instructors. Besides establishing this school, Mrs. Graham selected some of the widows best qualified for the task, and engaged them, for a small compensation, to open day schools for the instruction of the children of widows in distant parts of the city: she also established two Sabbath-schools, one of which she superintended herself, and the other she placed under ...
— The Power of Faith - Exemplified In The Life And Writings Of The Late Mrs. Isabella Graham. • Isabella Graham
... as Congreve and Gay, might be still petted by the nobility; and Young somehow got a pension out of Walpole, probably through Bubb Dodington, the very questionable parson who still wished to be a Maecenas. Meanwhile there was a compensation. The bookseller was beginning to supersede the patron. Tonson and Lintot were making fortunes; the first Longman was founding the famous firm which still flourishes; and the career of the disreputable and piratical Curll shows that at least the demand for miscellaneous literature ...
— English Literature and Society in the Eighteenth Century • Leslie Stephen
... different. Marriage, that had been but a vision then, loomed large, almost menacing. She had learned the law of compensation: that for every joy one pays in suffering. Women who married went down into the valley of death for their children. One must love and be loved very tenderly to pay for ...
— K • Mary Roberts Rinehart
... about them. But to the two lovers no such considerations could appeal, and with his marriage to this accomplished woman came one of the greatest blessings of Lanier's life. It was "an idyllic marriage, which the poet thought a rich compensation for all the other perfect gifts which Providence denied him." She was a sufferer like himself, but her accuracy and alertness of mind, her rare appreciation of music, and her deep divining of his own powers, ...
— Sidney Lanier • Edwin Mims
... whitewashers of the Whitewashers Company will not pretend that it exists to prevent a small shop being swallowed by a big shop, or that it has done anything whatever to prevent it. At the best the kindness it would show to a bankrupt whitewasher would be a kind of compensation; it would not be reinstatement; it would not be the restoration of status in an industrial system. So careful of the type it seems, so careless of the single life; and by that very modern evolutionary philosophy the type itself has been destroyed. The old Guilds, with the same object ...
— A Short History of England • G. K. Chesterton


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