compensation Definition
- 1something, typically money, awarded to someone in recognition of loss, suffering, or injury.
- 2the action or process of awarding someone money in recognition of loss, suffering, or injury.
Using compensation: Examples
Take a moment to familiarize yourself with how "compensation" can be used in various situations through the following examples!
Example
The company offered her a compensation package for the time she had worked there.
Example
He received a large compensation payout after his accident.
Example
The government provided compensation to the families of the victims.
compensation Synonyms and Antonyms
Synonyms for compensation
Antonyms for compensation
Phrases with compensation
workers' compensation
a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee's right to sue their employer for the tort of negligence
Example
He was able to pay his medical bills with the help of workers' compensation.
money paid to someone in recognition of loss, suffering, or injury
Example
The company agreed to provide financial compensation to the affected parties.
a culture where people are encouraged to seek compensation for any perceived wrongs or injuries
Example
Some people believe that we live in a compensation culture where people are too quick to sue for damages.
Origins of compensation
from Latin 'compensatio', meaning 'a weighing one thing against another'
Summary: compensation in Brief
The term 'compensation' [ˌkɒmpənˈseɪʃən] refers to something, usually money, given to someone as recognition of loss, suffering, or injury. It can also refer to the process of awarding such money. Examples include compensation packages for employees, payouts for accidents, and government-provided compensation. Phrases include 'workers' compensation,' 'financial compensation,' and 'compensation culture.'
