Has been compensated meaning?

What does compensated mean mean?

verb. to make amends to (someone), esp for loss or injury. (tr) to serve as compensation or damages for (injury, loss, etc) to offset or counterbalance the effects of (a force, weight, movement, etc) so as to nullify the effects of an undesirable influence and produce equilibrium.

What does compensate mean example?

To compensate is to pay someone for services performed, to repay someone for some wrong or that something positive exists to make up for something negative. An example of compensate is when you pay the guy who mowed your lawn.

What does it mean to compensate for someone?

Word forms: compensates, compensating, compensated. transitive verb. To compensate someone for money or things that they have lost, means to pay them money or give them something to replace those things. The damages are designed to compensate victims for their direct losses.

How do you use compensate?

Compensate in a Sentence

  1. Since I paid over three hundred dollars for my dress, you cannot compensate me for its loss with a fifty dollar check.
  2. Jeff put in extra hours this afternoon to compensate for his late arrival to work this morning.
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Does compensation mean salary?

Annual compensation, in the simplest terms, is the combination of your base salary and the value of any financial benefits your employer provides. … Salary is usually cash only and does not include non-cash compensation. Certain retirement plans base your contribution limit on how much compensation you earn.

What is compensation simple?

noun. the act or state of compensating, as by rewarding someone for service or by making up for someone’s loss, damage, or injury by giving the injured party an appropriate benefit. the state of being compensated or rewarded in this way.

Is compensation always money?

compensation Add to list Share. … Compensation can also be money, a payment meant to give someone a fair exchange for their effort and output. In fact, the word comes from the Latin word compensat-, meaning “weighed against.” If you receive fair compensation for your work, the money is equal to your time and effort.

What is the best synonym for compensate?

synonyms for compensate

  • atone.
  • pay.
  • recoup.
  • refund.
  • reimburse.
  • repay.
  • reward.
  • satisfy.

What does meaningful compensation mean?

My definition of meaningful compensation, is compensation that is more valuable or higher in quantity than what you are receiving. … Paying the seller of the organ a good amount shows the commitment to the deal.

What does it mean when you overcompensate?

Overcompensation occurs when people overachieve in one area to make up for shortcomings in another aspect of life. 2 Undercompensation, on the other hand, can happen when people deal with such shortcomings by becoming overly dependent on others. 3 Here are some examples of overcompensating and undercompensating.

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What are the four types of compensation?

The Four Major Types of Direct Compensation: Hourly, Salary, Commission, Bonuses. When asking about compensation, most people want to know about direct compensation, particularly base pay and variable pay.