Compensation
Pronunciation: /ˌkɑmpənˈseɪʃən/
Compensation (noun)
- Money given to someone for loss, damage, or injury.
- Payment or salary given to someone for doing a job.
- An action taken to make up for something negative or lacking.
Examples
- The company offered compensation for the damaged goods.
- She received compensation after the accident.
Common collocations: seek compensation, receive compensation, offer compensation, competitive compensation, compensation package