Definition of Compensation

that which is given as payment for a service or as reimbursement for a loss or expense

Examples of Compensation in a sentence

Do you think thirty dollars is adequate compensation for the teen who mowed my lawn?  🔊

The man received over a million dollars as compensation for the loss of his limb.  🔊

If the compensation doesn't allow me to pay my bills, then I'm not interested in the job.  🔊

When Ted was forced to take early retirement, he received two year’s severance pay as compensation for his job loss.  🔊

The insurance adjuster will decide how much compensation Ellen should receive in order to replace her stolen jewelry.  🔊

Other words in the Money and Business category:

Most Searched Words (with Video)