Skip to main content

Are you a legal professional? Visit our professional site

Please enter a legal issue and/or a location
Begin typing to search, use arrow keys to navigate, use enter to select

FindLaw Legal Dictionary

The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.

Compensation

compensation n

1 : the act of compensating
2 in the civil law of Louisiana
: the ending of mutual obligations between two people for money or quantities of fungible things usually by operation of law but sometimes by an agreement
3 : something that makes up for a loss [received for the breach of contract]
;specif
: payment to unemployed or injured workers or their dependents see also unemployment compensation, workers' compensation
4 : payment for a thing of value tendered or a service rendered [the Senators and Representatives shall receive for their services "U.S. Constitution art. I"]



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.

Copied to clipboard

Find a Lawyer

More Options