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Dictionary Results For "compensation" [?]/[OPML]
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English

Pronunciation

  • An audio transcript can be found at en-us-compensation.ogg



Noun

  1. The act or principle of compensate|compensating.
  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.
  3. 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.
  4. A recompense or reward for some loss or service.
  5. 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.
  6. The relationship between air temperature outside a building and a calculated target temperature for provision of air or water to contained rooms or spaces for the purpose of efficient heating. In building control systems the compensation curve is defined to a compensator for this purpose.


Derived terms


Translations

  • German: {{t+|de|Abfindung|f}}, {{t-|de|Kompensation|f}}
  • German: {{t-|de|Kompensation|f}}, {{t-|de|Ausgleich|m}}, {{t+|de|Ersatz|m}}
  • German: {{t-|de|Kompensation|f}}, {{t-|de|Ausgleich|m}}, {{t+|de|Ausgleichzahlung|f}}
  • Finnish: , , ,
  • German: {{t-|de|Kompensation|f}}, {{t+|de|Entlohnung|f}}, {{t+|de|Kompensierung|f}}
  • German: {{t+|de|Kompensierung|f}}, {{t+|de|Wiedergutmachung|f}}
  • German: {{t-|de|Ausgleich|m}}

ar:compensation de:compensation et:compensation el:compensation fa:compensation fr:compensation io:compensation id:compensation it:compensation hu:compensation pl:compensation ru:compensation simple:compensation fi:compensation sv:compensation ta:compensation te:compensation vi:compensation zh:compensation

GNU Project's publication of CIDE, the Collaborative International Dictionary of English Compensation \Com`pen*sa"tion\, n. [L. compensatio a weighing, a
balancing of accounts.]
1. The act or principle of compensating. --Emerson.
[1913 Webster]

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.
[1913 Webster]

The parliament which dissolved the monastic
foundations . . . vouchsafed not a word toward
securing the slightest compensation to the
dispossessed owners. --Hallam.
[1913 Webster]

No pecuniary compensation can possibly reward them.
--Burke.
[1913 Webster]

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.
[1913 Webster]

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.
[1913 Webster]
WordNet 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 [syn:
recompense]
Moby Dictionary
alienation , amends , atonement , autism , autistic thinking ,
avoidance mechanism , base pay , blame-shifting , blood money ,
comeuppance , composition , compromise , consideration , correction ,
damages , decompensation , defense mechanism , dereism ,
dereistic thinking , desert , deserts , dismissal wage , displacement ,
dissociation , earnings , emotional insulation , escalator clause ,
escalator plan , escape , escape into fantasy , escape mechanism ,
escapism , expiation , expiatory offering , fantasizing , fantasy ,
financial remuneration , fixing , flight , gross income ,
guaranteed annual wage , guerdon , hire , honorarium , income ,
indemnification , indemnity , isolation , just deserts , living wage ,
making amends , making good , making right , making up , meed , mending ,
minimum wage , negativism , net income , overcompensation , overhaul ,
overhauling , pay , pay and allowances , paying back , payment ,
payroll , peace offering , penal retribution , penalization , penalty ,
penance , piaculum , portal-to-portal pay , price , projection ,
propitiation , psychotaxis , punishment , purchasing power , quittance ,
rationalization , real wages , reclamation , recompense ,
rectification , redemption , redress , refund , reimbursement , remedy ,
remuneration , repair , repairing , reparation , repayment , reprisal ,
requital , requitement , resistance , restitution , retribution ,
return , revenge , reward , salary , salvage , satisfaction ,
severance pay , sliding scale , smart money ,
sociological adjustive reactions , solatium , squaring , sublimation ,
substitution , take-home , take-home pay , taxable income ,
total compensation , troubleshooting , wage , wage control ,
wage freeze , wage reduction , wage rollback , wage scale , wages ,
wages after deductions , wages after taxes , wergild , what is due ,
what is merited , wish-fulfillment fantasy , wishful thinking ,
withdrawal


COMPENSATION, chancery practice. The performance of that which a court of chancery orders to be done on relieving a party who has broken a condition, which is to place the opposite party in no worse situation than if the condition had not been broken. 2. Courts of equity will not relieve from the consequences of a broken condition, unless compensation can be made to the opposite party. Fonb. c. 6; s. 51 n. (k) Newl. Contr: 251, et. seq. 3. When a simple mistake, not a fraud, affects a contract, but does not change its essence, a court of equity will enforce it, upon making compensation for the error, The principle upon which courts of equity act," says Lord Chancellor Eldon, "is by all the authorities brought to the true standard, that though the party had not a title at law, because he had not strictly complied with the terms so as to entitle him to an action, (as to time for instance,) yet if the time, though introduced, as some time must be fixed, where something is to be done on one side, as a consideration for something to be done on the other, is not the essence of the contract; a material object, to which they looked in the first conception of it, even though the lapse of time has not arisen from accident, a court of equity will compel the execution of the contract upon this ground, that one party is ready to perform, and that the other ma, have performance in substance if he will permit it." 13 Ves. 287. See 10 Ves. 505; 13 Ves. 73, 81, 426; 6 Ves. 675; 1 Cox, 59.
COMPENSATION, crim. law; Compensatio criminura, or recrimination (q.v.) 2. In cases of suits for divorce on the ground of adultery, a compensation of the crime hinders its being granted; that is, if the defendant proves that the party has also committed adultery, the defendant is absolved as to the matters charged in the libel of the plaintiff. Ought. tit. 214, Pl. 1; Clarke's Prax. tit. 115; Shelf. on Mar. & Div. 439; 1 Hagg. Cons. R. 148. See Condonation; Divorce.
COMPENSATION, remedies. The damages recovered for an injury, or the violation of a contract.. See Damages.
COMPENSATION, contracts. A reward for services rendered.
COMPENSATION, contracts, civil law. When two persons are equally indebted to each other, there takes place a compensation between them, which extinguishes both debts. Compensation is, therefore, a reciprocal liberation between two persons who are creditors and debtors to each other, which liberation takes place instead of payment, and prevents a circuity. Or it may be more briefly defined as follows; compensatio est debiti et crediti intter se contributio. 2. Compensation takes places, of course, by the mere operation of law, even unknown to the debtors the two debts are reciprocally extinguished, as soon as they exist simultaneously, to the, amount of their respective sums. Compensation takes place only between two debts, having equally for their object a sum of money, or a certain quantity of consumable things of one and the same kind, and which are equally liquidated and demandable. Compensation takes place, whatever be the cause of either of the debts, except in case, 1st. of a demand of restitution of a thing of which the owner has been unjustly deprived; 2d. of a demand of restitution of a deposit and a loan for use; 3d. of a debt which has for its cause, aliments declared not liable to seizure. Civil Code of. Louis. 2203 to 2208. Compensation is of three kinds: 1. legal or by operation of law; 2. compensation by way of exception; and, 3. by reconvention. 8 L. R. 158; Dig. lib. 16, t. 2; Code, lib. 4, t. 31; Inst. lib. 4, t' 6, s. 30; Poth. Obl. partie. 3eme, ch. 4eme, n. 623; Burge on Sur., Book 2, c. 6, p. 181. 3. Compensation very nearly resembles the set-off (q.v.) of the common law. The principal difference is this, that a set-off, to have any effect, must be pleaded; whereas compensation is effectual without any such plea, only the balance is a debt. 2 Bouv. Inst. n. 1407.
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