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compensation
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English Dictionary: Compensation by the DICT Development Group
2 results for Compensation
From WordNet (r) 3.0 (2006) [wn]:
compensation
n
  1. something (such as money) given or received as payment or reparation (as for a service or loss or injury)
  2. (psychiatry) a defense mechanism that conceals your undesirable shortcomings by exaggerating desirable behaviors
  3. the act of compensating for service or loss or injury
    Synonym(s): recompense, compensation
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Compensation \Com`pen*sa"tion\, n. [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.
  
      {Compensation balance}, or {Compensated balance}, a kind of
            balance wheel for a timepiece. The rim is usually made of
            two different metals having different expansibility under
            changes of temperature, so arranged as to counteract each
            other and preserve uniformity of movement.
  
      {Compensation pendulum}. See {Pendulum}.
  
      Syn: Recompense; reward; indemnification; consideration;
               requital; satisfaction; set-off.
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