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Meaning of compensation

Source language: EnglishDictionary language: English

compensation

Pronunciation:/ˌkɒmpɛnˈseɪʃən/

noun

Definitions

  1. The act or principle of compensating.

  2. Something which is regarded as an equivalent; something which compensates for loss.

    Synonyms:amendsrecompenseremuneration
  3. 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.

    Synonyms:set-off
  4. A recompense or reward for service.