Another Word For Compensation

Meaning

The word "compensation" refers to something that is given to make up for a loss, damage, or injury. It can also mean payment or remuneration for work done or services rendered. In essence, compensation serves to balance out an unfavorable situation by providing a form of reparation or reward.

Synonyms

• Recompense
• Remuneration
• Payment
• Reimbursement
• Indemnity
• Restitution
• Reward

Antonyms

• Penalty
• Forfeiture
• Loss
• Deficit
• Debt
• Detriment

Etymology

The term "compensation" comes from the Late Latin word "compensatio," which derives from the Latin "compensare," meaning "to weigh against." The prefix "com-" means "together," and "pensare" means "to weigh." This reflects the idea of balancing one thing against another.

Examples

1. The company provided a substantial compensation package to its employees after the merger was announced.
2. After the car accident, she received compensation for her medical bills and damages to her vehicle.
3. The court awarded compensation to the victims for the emotional distress they endured.
4. He felt that the compensation he received for his work was insufficient given the effort he had put in.
5. The organization set up a fund to provide compensation for those affected by the natural disaster.