Definify.com
Webster 1913 Edition
Compensation
Comˊpen-sa′tion
,Noun.
[L.
compensatio
a weighing, a balancing of accounts.] 1.
The act or principle of compensating.
Emerson.
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. Hallam.
No pecuniary
compensation
can possibly reward them. Burke.
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.
Bouvier.
Wharton.
(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.
Syn. – Recompense; reward; indemnification; consideration; requital; satisfaction; set-off.
Webster 1828 Edition
Compensation
COMPENSATION
, n.1.
That which is given or received as an equivalent for services, debt, want, loss, or suffering; amends; remuneration; recompense.All other debts may compensation find.
The pleasures of life are no compensation for the loss of divine favor and protection.
2.
In law, a set-off; the payment of a debt by a credit of equal amount.Definition 2024
compensation
compensation
English
Noun
compensation (plural compensations)
- The act or principle of compensating.
- (Can we find and add a quotation of Emerson to this entry?)
- 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.
- Hallam
- The parliament which dissolved the monastic foundations […] vouchsafed not a word toward securing the slightest compensation to the dispossessed owners.
- Burke
- No pecuniary compensation can possibly reward them.
- Hallam
- 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.
- A recompense or reward for some loss or service.
- 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.
- The relationship between air temperature outside a building and a calculated target temperature for provision of air or water to contained rooms or spaces for the purpose of efficient heating. In building control systems the compensation curve is defined to a compensator for this purpose.
Synonyms
- (act of compensating): restitution
- (recompense or reward): restitution
Derived terms
Translations
act or principle of compensating
|
|
that which constitutes, or is regarded as, an equivalent
|
extinction of debts of which two persons are reciprocally debtors
|
recompense or reward for some loss or service
|
equivalent stipulated for in contracts for the sale of real estate
|
|
relationship between air temperature outside a building and a calculated target temperature
|