compensation

noun
UK: /ˌkɒmpenˈseɪʃn/
US: /ˌkɑːmpenˈseɪʃn/

  1. Money paid to someone because they have suffered injury or loss, or because something they own has been damaged.

    1. He got compensation for his injury.
    2. The company offered a compensation package to the displaced workers following the factory closure.

  2. Something, such as money, that corrects for an undesirable situation or balances some inequality.

    1. More money is a compensation for extra work.
    2. The beautiful scenery was some compensation for the terrible weather we experienced during our vacation.

  3. The combination of all the benefits and money that you receive from your employer.

    1. Her compensation includes health insurance.
    2. The executive's compensation package was heavily criticized for being disproportionately large compared to the company's performance.

Synonyms

recompense indemnity amends remuneration
compensation verb

  1. To provide something, typically money, as a payment for loss, suffering, or injury.

    1. The firm compensated victims.
    2. The insurance company will compensate policyholders for damages incurred during the storm.

  2. To reduce the negative effects of something.

    1. He tried to compensate for being short.
    2. Her enthusiasm compensated for her lack of experience, making her a valuable asset to the team.

Frequently Asked Questions

The word "compensation" in English means: Money paid to someone because they have suffered injury or loss, or because something they own has been damaged., Something, such as money, that corrects for an undesirable situation or balances some inequality., The combination of all the benefits and money that you receive from your employer..

The phonetic transcription of "compensation" is /ˌkɒmpenˈseɪʃn/ in British English and /ˌkɑːmpenˈseɪʃn/ in American English. Click the 🔊 button to hear both pronunciations.

Synonyms for "compensation": recompense, indemnity, amends, remuneration.

Example usage of "compensation": "He got compensation for his injury.". More examples on the page.