compensation
com
ˌkɑm
kaam
pen
pən
pēn
sa
ˈseɪ
sei
tion
ʃən
shēn
British pronunciation
/kˌɒmpənsˈe‍ɪʃən/

Definition & Meaning of "compensation"in English

Compensation
01

something, particularly money, given to one to make up for the loss, pain, or damage that one suffered

example
Examples
After the accident, the injured party received compensation from the insurance company to cover medical expenses and lost wages.
The company offered compensation to employees who were affected by the recent layoffs, including severance packages and job placement assistance.
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

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