compensation payments

Money for injuries

Compensation payments are sums of money paid to someone to make up for loss, injury, or suffering they have experienced.

The term appears most often in legal, insurance, and employment contexts, where such payments resolve claims or disputes.

Workers' compensation payments go to employees injured on the job; divorce settlements may include compensation payments to a spouse.

The company agreed to compensation payments for victims of the data breach.

Unlike damages awarded by courts, compensation payments often result from negotiated settlements.

Related

restitution · severance pay · settlements · hush money · stock options · disability benefits · death benefit · redundancy pay · lump sum · overtime pay · sick pay · maternity leave · unemployment benefits · health benefits · vacation pay · grants · fair shake · injury claim

Categories
Opposites
payment direction

compensation paymentsdebt repayment

Satisfying financial obligations

bills · invoices · accounts payable

purpose/nature of payment

compensation paymentspunitive damages

Award beyond actual losses

fines · penalties · forfeitures · confiscations · penalty payments

voluntary vs. involuntary

compensation paymentsgifts

Items freely given

donations · charitable contributions · gratuities · tips

Family

compensation, payments, compensate, compensated, compensating, compensatory, compensator, recompense, payment

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