Compensation

/ˌkɒmpɛnˈseɪʃən/

nounIntermediateVery CommonBusiness

Definitions

1

Something given to make amends for something else.

/ˌkɒmpɛnˈseɪʃən/

nounneutralIntermediate
Business

Something given or received as payment or reparation for loss, injury, or service.

He received compensation for his damaged car.

💡 Simply: Compensation is like making things even. If you get hurt at work, you might get compensation – money to make up for your pain and lost time.

👶 For kids: Getting something because something bad happened or to say thank you for doing something.

More Examples

2

The company offers competitive compensation packages.

How It's Used

Law

"The court awarded substantial compensation for the injuries suffered."

Business

"Employees received compensation increases based on their performance."

From Middle French *compensation, from Latin compensatio, from compensare "to weigh together, recompense," from com- "together" + pensare "to weigh."

Historically, 'compensation' was often used in a more legal or formal sense, referring to monetary awards.

Memory tip

Think 'com' (together) and 'pensate' (to weigh). Compensation weighs together losses and gains.

compinsationcompensasioncompenstation

Usage

30%Spoken
70%Written