Compensation

1. Law.

An award of a legally determined and enforceable money amount in respect of loss, injury or damage.

2. Regulation.

Similar awards in a regulatory context.

3. Voluntary payments.

An amount paid voluntarily in a similar context, with or without an admission of legal liability.

4. Employees - US.

Salary and other monetary benefits.

Also known as remuneration.

5. Service providers.

Amounts earned by service providers, directly or indirectly, in relation to their services.

See also

• Admission
• Compensating balances
• Damages
• Employee
• Financial Services Compensation Scheme
• Forward value date
• Fraud Compensation Fund
• Incentive
• Law
• Liability
• Option
• Regulation
• Remuneration
• Vesting