Generally, something received in return for something else.
Wages and other
financial benefits earned from labor.
of compensation on the Web:
(such as money) given or received as payment or reparation (as for a
service or loss or injury)
a defense mechanism that conceals your undesirable shortcomings by
exaggerating desirable behaviors
the act of compensating for service or loss or injury
is an essay by Ralph Waldo Emerson.
chess, compensation refers to various (typically positional)
advantages a player has in exchange for a (typically material)
disadvantage. The term normally refers to medium to long-term
advantages as opposed to short-term advantages. The terms 'initiative'
and 'attack' are generally used to describe a short-term advantage.
addition of specific materials or devices to counteract a known error.
paid to the writer for the sale of a screenplay or writing services
to adjusting for measurement effects external to the instrument (eg,
surface color compensation for atmospheric propagation).
Interpretation. Refers to applying the correlation between a sensed
physical parameter and a related phenomenon (eg, ocean color
interpretation for phyto-plankton concentration).
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. www-personal.umich.edu/~alandear/glossary/c.html
Compensation shall mean payment of damages by a Party who has caused
injury to another and must therefore make the other whole. Source:
Convention on Biological Diversity CBD europa.eu.int/comm/research/biosociety/library/glossarylist_en.cfm
salary, wages and other money payable to a member for duties performed
for a participating employer but not including reimbursement for
travel or moving expenses.
reimbursement for loss of agricultural resources.
payment of salary by an FRS employer to an FRS member for work
performed in a covered position, including certain overtime payments.
By law, certain fees, bonuses, and other amounts are not considered
“compensation” under the FRS. (See s. 121.021(22) and (47), FS, or
rule 60S-6.001(16), FAC, for details.) «
payment of a benefit.
A term applied to the granting of territory to a state in order to
reconcile it to a similar acquisition by a rival. This was a
well-established means of regulating the *balance of power (sense 3)
in Europe in the eighteenth and nineteenth centuries.
electronic calculation that removes signal overlap which the optical
system cannot remove. Fluorescence compensation works for specific
pairs of fluorescent parameters; for example, FL1 and FL2.
an estimated answer up or down to more closely approximate the value.
to employees for lost wages due to delays, injury on the job, etc.
Workers' compensation is paid to workers temporarily or permanently
disabled by an accident in the workplace. Total compensation may refer
to all forms of payment for work done, ie wages plus pensions and
of airborne geophysical data for the changing effect of the aircraft.
This process is generally used to correct data in fixed-wing
time-domain electromagnetic surveys (where the transmitter is on the
aircraft and the receiver is moving), and magnetic surveys (where the
sensor is on the aircraft, turning in the earth's magnetic field.
direct monetary payments (such as salaries, commissions, and bonuses)
and indirect payments (such as paid vacations, health and life
insurance benefits, and retirement plans).
an advantage for what may seem a disadvantage. For example,
sacrificing a pawn may seem like a disadvantage, but it may be an
advantage if it gives increased mobility to one's pieces.
defense mechanism, operating unconsciously, by which one attempts to
make up for real or fancied deficiencies. Also a conscious process in
which one strives to make up for real or imagined defects of physique,
performance skills, or psychological attributes. The two types
frequently merge. See also overcompensation.
adjustment of gain and frequency parameters in a closed-loop system to
achieve the desired dynamic response and also to insure a stable
is the process of transferring ballast, in the form of water, between
the variable tanks, and between the variable tanks and sea, to effect
the desired trim.
requirement for compensation of the buyer is limited to the net
commodity value that caused the damage. All further requests for
compensation of the buyer, which - independently from whatever
argument - directly or indirectly in connection with the order, supply
or use of our goods are exempted.
adverse impacts through cash payment, replacement in kind, provision
of substitutes, etc. Compare mitigation.
method of maintaining balance between interests of operating the
University within the fiscal budget and attracting, developing,
retaining and rewarding high quality staff through wages that are
competitive with the prevailing rates for similar employment in the
legal use, this is the amount an injured party receives to help make
reparations after a physical injury or loss, and is often paid by the
insurance company of the party causing the damage.
is where you receive recompense for a loss you have suffered as the
result of an accident that was not your fault.
of employees (CE) is a
statistical term used in national
of Payments statistics and sometimes in corporate accounts as well. It
refer basically to the total gross (pre-tax) wages paid by employers to
employees for work done in an accounting period, such as a quarter or a
in reality, the aggregate includes more than just gross wages, at
least in national accounts and balance of payments statistics. The reason
is that in these accounts, CE is defined as "the total remuneration,
in cash or in kind, payable by an enterprise to an employee in return for
work done by the latter during the accounting period". It represents
effectively a total labour cost to an employer, paid from the gross
revenues or the capital of an enterprise.
of employees is accounted for on an accrual basis; i.e., it is measured by
the value of the remuneration in cash or in kind which an employee becomes
entitled to receive from an employer in respect of work done, during
the relevant accounting period - whether paid in advance, simultaneously,
or in arrears of the work itself. This contrasts with other inputs to
production, which are to be valued at the point when they are actually
statistical purposes, the relationship of employer to employee exists,
when there is an agreement, formal or informal, between an enterprise and
a person, normally entered into voluntarily by both parties, whereby the
person works for the enterprise, in return for remuneration in cash or in
kind. The remuneration is normally based on either the time spent at work,
or some other objective indicator of the amount of work done.
social accounting purposes, CE is considered as a component of the value
of net output or value added (as factor
income). The aim is not to measure income actually received by
workers, but the value which labour contributes to net output along
with other factors of production. The underlying idea is that the value of
net output equals the factor incomes that it generates. For this reason,
some types of remuneration received by employees are either included or
excluded, because they are regarded as either related or unrelated to
production or to the value of new output.
different countries, what is actually included and excluded in CE may
differ somewhat. The reason is that the way in which workers are
compensated for their labour may be somewhat different in different types
of economies. For example, in some countries workers get substantial
payments "in kind", in others they don't. Systems of social
insurance also differ between countries, and some countries have little
social insurance. One has to keep this in mind when comparing CE
magnitudes for different countries.
is the Criminal Injuries Compensation Authority?
Criminal Injuries Compensation Authority administers the
criminal injuries compensation scheme throughout
. We pay compensation to people who have been the victim
of a violent crime. We operate the scheme from offices in
the first scheme was set up in 1964, the Authority,
together with the Criminal Injuries Compensation Board
which we replaced, has paid more than £3billion in
compensation, making it among the largest and most
generous of its type in the world. Its aim is to provide
victims with material recognition of their pain and
suffering and to allow society to express its regret to
most of its history, awards were set according to what the
victim would have received in a successful civil action
against the offender. Since April 1996, the level of
compensation has been determined according to a scale, or
tariff, set by Parliament. The scheme, and the 1996
tariff, were revised in 2001. The tariff includes
descriptions of over 400 injuries, with each attached to
one of 25 levels of compensation between £1,000 and £250,000.
some situations, when applicants have also suffered
financial loss, through loss of earnings or earnings
capacity, the cost of medical or other care, or because
they were dependent on someone who was murdered, they may
apply for additional compensation.
450 staff from both the Home Office and the Scottish
Executive are employed by CICA in our offices in
to decide on applications for compensation from victims of
violent crime. We receive around 65,000 applications for
compensation each year and spend nearly £200 million each
year in compensation payments.
Criminal Injuries Compensation Scheme
Criminal Injuries Compensation Scheme described here
applies to all applications received by CICA on, or after,
1 April 2001.
scheme allows financial awards to be made:
recognise the injuries, physical and mental, caused
by a crime of violence
certain circumstances, to compensate for past or
future lost earnings or special expenses caused by
such a crime
bereavement as a result of a crime of violence,
including, in some cases, compensation for the lost
earnings of the person who has been killed.
scheme deals with injuries suffered in Great Britain -
that is, England, Scotland and Wales.
Northern Ireland has its own scheme.
The Criminal Injuries Compensation Authority and
the body it replaced, the Criminal Injuries Compensation
Board, have operated the scheme since the first version
was introduced in 1964.
This makes the British system of criminal injuries
compensation the oldest established scheme in the world.
It is also the largest, with awards totalling more
than £200m annually.
applications made before 1 April 1996, the scheme was
based on the common law.
Applicants' cases were assessed on the same basis
as for a personal injury claim in the civil courts.
In 1996 the system was changed with the
introduction of a tariff of injuries.
The tariff is a list of fixed compensation payments
for each injury. The
1996 scheme was changed in 2001, but the new scheme
continues to use a tariff of injuries.
Authority is responsible for operating the scheme, but not
for the rules it contains.
The scheme is made by the Home Secretary and
approved by Parliament, and both the 1996 and 2001 schemes
were made under an Act of Parliament – the Criminal
Injuries Compensation Act 1995.
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