Compensation
UK /["/ˌkɒmpenˈseɪʃn/"]/US /["/ˌkɑːmpenˈseɪʃn/"]/
Definition
something, especially money, that somebody gives you because they have hurt you, or damaged something that you own; the act of giving this to somebody
In simple words: Money or benefits given for work or loss.
Examples
- The company offered a substantial compensation package to attract top talent.
- He received compensation for the damages caused by the accident.
- There are many factors that can influence the level of compensation in a job offer.
- Compensation for lost wages is often a part of insurance claims.
- The court awarded her compensation for emotional distress due to the incident.
Usage notes
Use 'compensation' in formal contexts like business or legal discussions. Avoid casual conversations. It's more appropriate when discussing payment for work or damages.
Grammar pattern
offer + compensation (for something)
Memory hint
Think of 'compensation' as 'compensating for something lost or earned' — imagine a paycheck.
Collocations
- full
- partial
- small
- amount
- award (somebody)
- give (somebody)
- grant (somebody)
- be payable
- claim
- committee
- costs
- as compensation (for)
- in compensation (for)
- compensation for
Synonyms
- payment
- remuneration
- reimbursement
- salary
- settlement
Antonyms
- penalty
- forfeiture
- loss
Common mistakes
- Confused with 'compensate' — 'compensation' is the noun.
- Using it in an informal setting, where 'pay' might be better.
- Mixing 'compensation' with unrelated terms like 'reward'.