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Definitions from the Web

Term: Compensate

Definition:

To compensate means to make up for a loss, damage, or dissatisfaction by providing an equivalent or satisfactory substitute or payment.

Senses:

• Transitive Verb: Provide something desired or necessary in order to make up for a loss or offset an unfavorable situation.
• Transitive Verb: Reimburse or financially repay someone for a loss, expense, or service.
• Intransitive Verb: Act to counterbalance or make amends for something undesirable or lacking.

Usage:

Popular: Compensate is a commonly used word in the field of insurance, where it refers to providing monetary compensation for damages or losses incurred by the insured party.

Local: In the local community, the term "compensate" is often used to describe the act of reimbursing volunteers for their time and effort put into community projects.

Sample Sentences:

• The company will compensate employees who work overtime with additional payment.
• She needed to compensate for the time she spent on vacation by working extra hours.
• The insurance company will compensate the policyholder for the damage caused by the accident.
• In order to compensate for the high cost of living in the city, he took on a second job.

Related Products:

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