Definitions

1. verb

to make up for or pay for a loss or damage; to pay or provide something in return for something else.

“The company will compensate its employees for the time lost during the strike.”

2. noun

the act of making up for or paying for a loss or damage.

“The compensation for the employee’s injury was generous.”

3. noun

a payment or benefit given to someone in return for their service or loss.

“The compensation package for the new employee included a signing bonus and stock options.”

4. verb

to provide or be provided with something in return for something else.

“The new law will compensate farmers for the losses they suffered during the drought.”