compensation
noun
  1. Usage
    compensation for damage
    payment for damage done
    Usage
    compensation for loss of office
    payment to a director who is asked to leave a company before their contract ends
    Usage
    compensation for loss of earnings
    payment to someone who has stopped earning money or who is not able to earn money
  2. a salary

"...compensation can also be via the magistrates courts for relatively minor injuries" [Personnel Management]

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