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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
The company offered compensation to employees who were affected by the recent layoffs, including severance packages and job placement assistance.
She sought compensation for the damages caused by the faulty product, which had resulted in significant financial loss.
The court awarded compensation to the victims of the disaster, recognizing the pain and suffering they endured.
After the accident, the injured party received compensation from the insurance company to cover medical expenses and lost wages.
Many workers are entitled to compensation for overtime hours worked, ensuring they are fairly paid for their time and effort.
