compensation
n. C / Un. money that you receive because you were hurt, or because you did a job. It can also mean something good that makes a bad situation feel better.
n. something, typically money, awarded to someone in recognition of loss, suffering, or injury; also refers to the total salary and benefits an employee receives.
The company offered him financial compensation for his injury.
After the flight was cancelled, the airline provided passengers with vouchers as compensation for the long delay.
The executive's total compensation package includes a base salary, performance-based bonuses, and significant stock options that vest over a five-year period.
From Middle English compensacioun, from Old French compensacion, from Latin compensātiōnem, accusative singular of compensātiō. Equivalent to compensate + -ion.
Uncountable when referring to the abstract concept of payment or balance; countable when referring to specific payments or things that balance a loss.