Compensation - Dictionary
Compensation
Part of Speech
Noun
Pronunciation
English (UK): /ˌkɒmpənˈseɪʃən/
English (US): /ˌkɑːmpənˈseɪʃən/
Definitions
- The act of making up for a loss, damage, or suffering.
- Money or benefits given to someone in return for loss, service, or work.
- In psychology, the process of offsetting a perceived weakness by emphasizing strengths.
Usage Examples
- He received financial compensation for the injury sustained at work.
- The company offers compensation packages that include health benefits and bonuses.
- Her humor was a compensation for her lack of confidence in social situations.
Etymology
From Latin compensatio, meaning "weighing one thing against another," derived from compensare (to balance, make good).
Synonyms
- Reimbursement
- Repayment
- Remuneration
- Restitution
- Indemnity
Antonyms
Translations
| Language |
Translation |
Pronunciation |
| French | Compensation | /kɔ̃pɑ̃sasjɔ̃/ |
| German | Entschädigung | /ɛntˈʃɛːdɪɡʊŋ/ |
| Spanish | Compensación | /kompenθaˈsjon/ |
| Portuguese | Compensação | /kõpẽsɐˈsɐ̃w̃/ |
| Italian | Compensazione | /kompensaˈt͡sjone/ |
| Chinese | 补偿 | /bǔcháng/ |
| Japanese | 補償 | /hoshō/ |
| Russian | Компенсация | /kəmpʲɪnˈsat͡sɨjə/ |
| Hindi | मुआवज़ा | /mʊaːʋzaː/ |
| Bengali | ক্ষতিপূরণ | /kʰɔt̪ipurɔn/ |
Regional Pronunciation Variations
- British English: /ˌkɒmpənˈseɪʃən/
- American English: /ˌkɑːmpənˈseɪʃən/
- Australian English: /ˌkɒmpənˈseɪʃən/
Historical Usage
The concept of compensation has existed since ancient times, particularly in legal and economic contexts, where monetary settlements were made for damages or services.
Cultural Nuances
In corporate settings, compensation includes not only salary but also benefits such as stock options, insurance, and bonuses. In some cultures, compensation extends to non-monetary gestures such as gifts or social recognition.
More Information
Compensation plays a crucial role in labor laws, personal injury claims, and psychological theories. In many countries, legal frameworks regulate employee compensation to ensure fair wages and workplace rights.