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Compensation Definition and Legal Meaning


compensation | Wex | US Law | LII / Legal Information Institute

Compensation is payment or remuneration for work or services performed or for harm suffered (see also damages).

20 CFR § 211.2 - Definition of compensation.

§ 211.2 Definition of compensation. ... (2) That the amount agreed upon to be paid may be paid in the form of the commodity, service or privilege. (b) ...

COMPENSATION Definition & Legal Meaning - Black's Law Dictionary

Find the legal definition of COMPENSATION from Black's Law Dictionary, 2nd Edition. Indemnification; payment of damages; making amends; that which is ...

Compensation - FindLaw Dictionary of Legal Terms

What is 'Compensation'? Learn more about legal terms and the law at FindLaw.com.

Compensation | Definition & Meaning | Law Glossary

Compensation: Legal Definition ... Compensation is the amount paid to the injured party to restore them to their previous condition. The ...

Compensation - Oxford Reference

Compensation is a remedy available in many categories of law. For example, the law of torts is generally ... From: compensation in Australian Law Dictionary ».

1P00 General Principles of Compensation Data Analysis

Compensation is defined as any payments made to, or on behalf of, an ... The definition of “similarly situated” is a case-specific legal standard. In ...

Compensation Definition & Meaning - Merriam-Webster

The meaning of COMPENSATION is the act of compensating : the state of being compensated. How to use compensation in a sentence.

What does Compensation mean ? | Legal Choices dictionary

noun Money paid to make up for damage or loss caused. For example He received compensation for the injuries caused.

compensation legal definition - Becker Law Office

something, typically money, awarded to someone as a recompense for loss, injury, or suffering. ... Our law firm of Kentucky personal injury attorneys is committed ...

just compensation - Legal Dictionary | Law.com

ALM's Law.com online Real Life Dictionary of the Law. The easiest-to-read, most user-friendly guide to legal terms. Use it free!

COMPENSATION definition | Cambridge English Dictionary

money that is paid to someone in exchange for something that has been lost or damaged or for some problem.

Compensation Law Definition | Law Insider

Compensation Law means any law under which benefits are paid to a person as compensation for the effects of bodily injury, without regard to fault.

What is Compensation? Definition and types | LawDistrict

Compensation can include hourly wages, salary, pension plans, health insurance, vacation time, sick leave, and other company benefits. It is usually defined in ...

Compensation (in the context of litigation) - Law Dictionary

Compensation, in the context of litigation, refers to the payment made by way of reparation for loss or injury to a person or property. Under the common.

Compensation Definition: 29k Samples - Law Insider

Define Compensation. means all base straight time gross earnings and commissions, but exclusive of payments for overtime, shift premium, ...

Compensation legal definition of compensation - Legal Dictionary

compensation. n. 1) payment for work performed, by salary, wages, commission or otherwise. It can include giving goods rather than money.

Employee Compensation Legal Meaning & Law Definition - Quimbee

Plan A compensation scheme that sets forth the salary, stock options, incentives, and other benefits available to employees or officers of a business or ...

Search Legal Terms and Definitions

n. 1) payment for work performed, by salary, wages, commission or otherwise. It can include giving goods rather than money. 2) the amount received to "make one ...

Compensation and Damages in International Law The Limits of "Fair ...

I Black's Law Dictionary explains the term "compensation", inter alia, as "[p]ayment of damages, or any other act that a court orders to be done by a person ...