Noun | 1. | ![]() compensation - something (such as money) given or received as payment or reparation (as for a service or loss or injury) relief - (law) redress awarded by a court; "was the relief supposed to be protection from future harm or compensation for past injury?" actual damages, compensatory damages, general damages - (law) compensation for losses that can readily be proven to have occurred and for which the injured party has the right to be compensated nominal damages - (law) a trivial sum (usually $1.00) awarded as recognition that a legal injury was sustained (as for technical violations of a contract) exemplary damages, punitive damages, smart money - (law) compensation in excess of actual damages (a form of punishment awarded in cases of malicious or willful misconduct) atonement, expiation, satisfaction - compensation for a wrong; "we were unable to get satisfaction from the local store" |
2. | indemnification - an act of compensation for actual loss or damage or for trouble and annoyance recompense, compensation - the act of compensating for service or loss or injury |