Meaning of the word compensation in English

What does compensation mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

compensation

US /ˌkɑːm.penˈseɪ.ʃən/
UK /ˌkɑːm.penˈseɪ.ʃən/
"compensation" picture

Noun

1.

something, typically money, awarded to someone in recognition of loss, suffering, or injury

Example:
She received a large sum as compensation for her injuries.
The company offered him compensation for the lost luggage.
2.

the money received by an employee from an employer as a salary or wages

Example:
The total compensation package includes salary, benefits, and bonuses.
Employees are seeking better compensation for their work.
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