For Compensation we have terms and definitions in 18 topics. The topics are Accident Compensation, Corrosion, Customs, Fish, Fundraising, Geography, Grantmaking, International Economics, Iraq War, Legal, Accident Compensation, Management, Mental Health, Non Profit, Regulations, Personal Injury, Personal Injury Law, Real Estate, Shipping and Tax.

Compensation (Accident Compensation)

Wherein you receive recompense for a loss suffered as the result of an accident that was not your fault.

Compensation (Corrosion)

Monetary award transferred from defendant to plaintiff to make up for some wrong, damage or injury caused by the defendant's actions or inaction.

Compensation (Customs)

The principle, central to GATT, that any country that raises a tariff above its bound rate, withdraws a binding on a tariff, or otherwise impairs a trade concession must lower other tariffs or make other trade concessions to offset the disadvantage suffered by countries whose exports are affected.
See also: Binding, Bound Rates, Concession, Consultations, General Agreement on Tariffs and Trade,

Compensation (Fish)

Management activities that replace all or part of fish stocks or their habitat lost through development or other activities.

Compensation (Fundraising)

A term used to encompass the entire range of wages and benefits, both current and deferred, that workers receive from their employment. See also:Advanced Pay, Benefits, Bonus, Commission, Compensation Committee, Employee Benefit Plan, Flexible Compensation System, Merit Salary Increase, Pay-for-Performance, Payroll, Relocation Assistance, Salary, Severance Pay

Compensation (Geography)

Something given or paid to make up for loss, suffering or injury.

Compensation (Grantmaking)

A term used to encompass the entire range of wages and benefits, both current and deferred, that workers receive from their employment. See also:Advanced Pay, Benefits, Bonus, Commission, Compensation Committee, Employee Benefit Plan, Flexible Compensation System, Merit Salary Increase, Pay-for-Performance, Payroll, Relocation Assistance, Salary, Severance Pay

Compensation (International Economics)

1. The GATT principle that members who violate GATT rules must compensate other countries by lowering tariffs or making other concessions, or be subject to retaliation.
2. The actual or potential payment by the winners from a change in trade or other policy to the losers, intended to undo the harm to the latter. Actual compensation is rare, but the potential for compensation is used as the basis for most evaluations of the gains from trade.

Compensation (Iraq War)

Something, such as money, given or received as payment or reparation, as for a service or loss

Compensation (Legal, Accident Compensation)

Wherein you receive recompense for a loss suffered as the result of an accident that was not your fault.

Compensation (Management)

All work-related payments, including wages, commissions, insurance, and other benefits.

Compensation (Mental Health)

The simultaneous appearance of two or more illnesses, such as the co-occurrence of schizophrenia and substance abuse or of alcohol dependence and depression. The association may reflect a causal relationship between one disorder and another or an underlying vulnerability to both disorders. Also, the appearance of the illnesses may be unrelated to any common etiology or vulnerability.

Compensation (Non Profit, Regulations)

Something that constitutes an equivalent or recompense. A reward for services rendered. Compensation may be monetary (in cash or cash equivalents) or non-monetary (in property or intangible benefits). Also see consideration.

Compensation (Personal Injury)

Monetary award transferred from defendant to plaintiff to make up for some wrong, damage or injury caused by the defendant's actions or inaction.

Compensation (Personal Injury Law)

Something that makes up for a loss. In workers' compensation cases, it refers to payment to unemployed or injured workers or their dependents.

Compensation (Real Estate)

The source of compensation does not determine agency. An agent does not necessarily represent the person who pays his or her commission. In fact, agency can exist even if no fee is involved (called a gratuitous agency). Buyers and sellers can agree, whichever way they choose, to compensate the broker, regardless of which is the agent's principal. For instance, a seller could agree to pay a commission to the buyer's agent. The written agency agreement should state how the agent is being compensated and explain all the alternatives available.

Compensation (Shipping)

A GATT principle which holds that if any member country raises a tariff above its bound rate, withdraws a binding or otherwise violates a trade concession with GATT justification, the party must lower other tariffs or make other concessions to offset the disadvantage suffered by trading partners or face offsetting actions (retaliation) by affected parties.

Compensation (Tax)

Any salaries, wages, tips, commissions, fees, or self-employment income for services performed.

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