What is compensation?

  • (noun): Something (such as money) given or received as payment or reparation (as for a service or loss or injury).
    See also — Additional definitions below

Compensation

Compensation can refer to:

Read more about Compensation.

Some articles on compensation:

Compensation Culture
... "Compensation culture" describes a society in which it is acceptable for anyone who has suffered a personal injury to seek compensatory damages through litigation from someone connected with the injury ... criticize legal systems they deem to represent a "compensation culture" as resulting in Frivolous lawsuits that may be settled out-of-court if the cost of defending a case is greater than the ... Liability insurance becoming prohibitively expensive where there is a high risk of compensation claims, making it impossible to host mildly dangerous activities such as children's sports or other public or ...
Compensation
... Compensation can refer to Financial compensation (disambiguation), Compensation (chess), various advantages a player has in exchange for a disadvantage Compensation (engineering) Compensation (es ...
Pearson Commission - Terms of Reference
... To consider to what extent, in what circumstances and by what means compensation should be payable in respect of death or personal injury (including ante-natal injury) suffered by any person in the ...

More definitions of "compensation":

  • (noun): (psychiatry) a defense mechanism that conceals your undesirable shortcomings by exaggerating desirable behaviors.
  • (noun): The act of compensating for service or loss or injury.
    Synonyms: recompense

Famous quotes containing the word compensation:

    The only compensation which war offers for its manifold mischiefs, is in the great personal qualities to which it gives scope and occasion.
    Ralph Waldo Emerson (1803–1882)

    I do not want to be covetous, but I think I speak the minds of many a wife and mother when I say I would willingly work as hard as possible all day and all night, if I might be sure of a small profit, but have worked hard for twenty-five years and have never known what it was to receive a financial compensation and to have what was really my own.
    Emma Watrous, U.S. inventor. As quoted in Feminine Ingenuity, ch. 8, by Anne L. MacDonald (1992)

    Senators and presidents have climbed so high with pain enough, not because they think the place specially agreeable, but as an apology for real worth, and to vindicate their manhood in our eyes. This conspicuous chair is their compensation to themselves for being of a poor, cold, hard nature.
    Ralph Waldo Emerson (1803–1882)