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Compensation
01
something, particularly money, given to one to make up for the loss, pain, or damage that one suffered
02
(psychiatry) a defense mechanism that conceals your undesirable shortcomings by exaggerating desirable behaviors
03
the act of compensating for service or loss or injury
Example
In terms of salary, this job offers competitive compensation.
The injured worker claimed workers' compensation for medical expenses and lost wages.
The negotiation between the union and management was at loggerheads over issues of worker compensation.
After the car accident, she claimed compensation from her insurance company to cover the cost of repairs.
The aforementioned policy outlines the company's stance on employee benefits and compensation.