The act or principle of compensating.
Human labor, through all its forms, from the sharpening of a stake to the construction of a city or an epic, is one immense illustration of the perfect compensation of the universe.
Something which is regarded as an equivalent; something which compensates for loss.
The parliament which dissolved the monastic foundations […] vouchsafed not a word toward securing the slightest compensation to the dispossessed owners.
The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount.
From Middle English compensacioun, from Old French compensacion, from Latin compensātiōnem, accusative singular of compensātiō. Equivalent to compensate + -ion.
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