compensation

compensation
A return for a benefit conferred or promised, that is, a consideration. Searcy v Grow, 15 Cal 117; a remuneration for services, whether in the form of a fixed salary, fees, commissions, or perquisites of whatever character. 43 Am J1st Pub Of § 340; redress for property taken or injury caused by the taking of property under the power of eminent domain. Symonds v Cincinnati, 14 Ohio 147. A set-off in the Scottish law; redress in damages for injuries generally; the payment made to an injured employee by the employer under a workmen's compensation act. As the term is used in workmen's compensation acts, it means the money relief afforded according to the scale established and for the persons designated by the act, and it does not refer to the compensatory damages which may be recovered in an action at law for a wrong done or a contract broken. Mosely v Empire Gas & Fuel Co. 313 Mo 225, 281 SW 762, 45 ALR 1223, 1232. A civil law term meaning the extinction of debts of which two persons are reciprocally debtors to one another, by the credits by which they are reciprocally creditors to one another. 20 Am J2d Countcl etc. § 5. Sec compensatory damages; unemployment compensation; workmen's compensation.

Ballentine's law dictionary. . 1998.

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  • compensation — [ kɔ̃pɑ̃sasjɔ̃ ] n. f. • 1290; lat. compensatio, de compensare 1 ♦ Avantage qui compense (un désavantage). Compensation reçue pour des services rendus, des dommages. ⇒ indemnité; dédommagement, réparation, soulte. « Une augmentation de cent… …   Encyclopédie Universelle

  • compensation — com·pen·sa·tion /ˌkäm pən sā shən/ n 1: the act of compensating 2 in the civil law of Louisiana: the ending of mutual obligations between two people for money or quantities of fungible things usu. by operation of law but sometimes by an agreement …   Law dictionary

  • Compensation — • Denotes the price paid for human exertion or labour Catholic Encyclopedia. Kevin Knight. 2006. Compensation     Compensation     † …   Catholic encyclopedia

  • compensation — COMPENSATION. s. f. Estimation par laquelle on compense une chose avec une autre. Juste compensation. Compensation équitable. Faire compensation. Compensation de dépens. Il eut tant par compensation. C est une maxime de Droit, que compensation n… …   Dictionnaire de l'Académie Française 1798

  • Compensation — can refer to: Financial compensation, various meanings Compensation (chess), various advantages a player has in exchange for a disadvantage Compensation (engineering) Compensation (essay), by Ralph Waldo Emerson Compensation (film), a 2000 film… …   Wikipedia

  • compensation — Compensation. subst. f. v. Estimation par laquelle on compense une chose avec une autre. Juste compensation. compensation équitable. faire compensation. compensation de despens. il eut tant pour la compensation, C est une maxime du Palais, que… …   Dictionnaire de l'Académie française

  • 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 …   The Collaborative International Dictionary of English

  • Compensation — (v. lat. Compensatio, Abrechnung), 1) Zahlung einer Schuld durch Abrechnung einer Gegenforderung an den Gläubiger. Sie wird häufig als Einrede gegen die Klage des Gläubigers geltend gemacht, daher Exceptio compensationis. Erfordert wird, daß… …   Pierer's Universal-Lexikon

  • compensation — compensation. См. компенсация. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А., Москва: Изд во ВНИРО, 1995 г.) …   Молекулярная биология и генетика. Толковый словарь.

  • compensation — late 14c., action of compensating, from L. compensationem (nom. compensatio) a weighing one thing against another, a balancing, noun of action from compensare (see COMPENSATE (Cf. compensate)). Meaning what is given in recompense is from c.1600;… …   Etymology dictionary

  • compensation — [n] repayment; rectification advantage, allowance, amends, atonement, benefit, bonus, bread*, consideration, counterclaim, coverage, damages, defrayal, deserts*, earnings, fee*, gain, honorarium, indemnification, indemnity, meet, pay, payment,… …   New thesaurus

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