compensation

Meanings

• Noun

  The act of making or giving something in return for a loss or injury; reparation or requital.

  - "The insurance company offered compensation for the damage to my car."
  - "After the accident, the victim was given monetary compensation."
  - "The employee was awarded compensation for his injuries."

• Noun

  The amount of money or other benefits paid to an employee or a claimant as remuneration for services rendered or losses suffered.

  - "The compensation package for the new job included a salary, health insurance, and a retirement plan."
  - "The worker was entitled to receive workers' compensation benefits."
  - "The company offered a large compensation settlement to the families of the victims."

---

Pronunciation

1. /ˌkɒmpɛnˈseɪʃən/
   
   
   
   Source: "https://commons.wikimedia.org/w/index.php?curid=2650775"

---

Synonyms

restitution , restitution , amends , recompense , remuneration , set-off

---

Rhymes

Words rhyming with compensation
recompense , compensate , reimbursement , remuneration

---

Variants

List of all variants of compensation that leads to same result
compensation , compensational , compensations , unemployment benefit , unemployment compensation , unemployment compensations , workers' comp , workers' compensation , workmen's compensation insurance , workmen's compensation insurances , seek compensation

---

Etymology

origin and the way in which meanings have changed throughout history.

From Latin compensatio(n-), from compensare ‘make equal, balance,’ from com- ‘with’ + pendere ‘weigh’.

---

Trivia

Any details, considerations, events or pieces of information regarding the word

1. Did you know that the word 'compensation' comes from the Latin word 'compensatio,' which means 'making equal' or 'balancing'?

2. Compensation is not only monetary; it can also take the form of non-financial rewards, such as time off, training opportunities, or flexible work arrangements.

3. In some cases, compensation may be awarded as a form of punitive damages, which are intended to punish the wrongdoer and deter similar behavior in the future.

---

Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Damages: Compensation for losses or injuries, often referred to as damages in legal contexts.

2. Reimbursement: The act of repaying someone for an expense or loss they have incurred.

3. Remuneration: Payment or compensation received for work or services rendered.

---

Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Compensation is a crucial concept in various fields, including law, business, and employment. In employment law, it refers to the monetary or non-monetary benefits given to an employee in exchange for their work or to make up for any losses or injuries suffered on the job. In business, compensation can refer to the payment made to a supplier or vendor for goods or services rendered. In a broader sense, compensation can also refer to the intangible benefits, such as recognition, praise, or career advancement, that employees receive in exchange for their contributions.

How to Memorize "compensation"

1. visualize
   

   - Imagine a balance scale. On one side, visualize the loss or injury, and on the other side, visualize the compensation, bringing the scale back to balance.

2. associate
   

   - Associate the word with the idea of making things right or restoring balance.

3. mnemonics
   

   - Create a mnemonic using the acronym C-O-M-P-E-N-S-A-T-I-O-N: 'Compensation: Making things right, restoring balance.'

---

Memorize "compensation" using Dictozo

The best and recommended way to memorize compensation is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:

1. Highlighting:

   Whenever users encounters the saved word on a webpage, Dictozo highlights it, drawing the user's attention and reinforcing memorization.
2. Periodic Reminders:

   Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.