compensation /; AmE / noun [U,C]

UNEMPLOYMENT COMPENSATION

1

something, especially money, that sb gives you because they have hurt you, or damaged sth that you own; the act of giving this to sb:

to pay compensation for injuries received at work

She received $10 000 in compensation.

The bank was judged to be liable for compensation payments to customers who received poor advice.

⇨ COMP

❖ to award/give/offer/pay compensation

◆ to accept/get/obtain/receive compensation

◆ to be eligible for/be entitled to/claim/demand/seek compensation

2 (AmE)

the money or other benefits that an employee receives for the work that they do:

falling profits but rising employee compensation

⇨ COMP

❖ to get/give/pay/receive compensation

• 24-hour society
• 2G
• 360-degree feedback
• 3G
• 401k[/m]
• 401[/m]
• 4 Ps
• 5 Ss
• 80/20 principle
• 80/20 rule
• A1
• AAA
• AA rating
• abandon
• abate
• abbreviated accounts
• ABC1
• A/B/C share
• ability
• ability-to-pay principle
• abolish
• abort
• above par
• above the fold
• above-the-line