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compensation /ˌkɑmpənˈseɪʃən/  

  • noun
    plural -tions
    [noncount] :something that is done or given to make up for damage, trouble, etc.
    The court awarded the victims millions of dollars in compensation.
    She offered to pay for lunch as compensation for keeping me waiting. - see also workers' compensation
    [count] :something good that acts as a balance against something bad or undesirable
    [noncount] US :payment given for doing a job
    annual compensation
    executive compensation