Compensation of employees — (CE) is a statistical term used in national accounts, balance of payments statistics and sometimes in corporate accounts as well. It refers basically to the total gross (pre tax) wages paid by employers to employees for work done in an accounting … Wikipedia
compensation — com·pen·sa·tion /ˌkäm pən sā shən/ n 1: the act of compensating 2 in the civil law of Louisiana: the ending of mutual obligations between two people for money or quantities of fungible things usu. by operation of law but sometimes by an agreement … Law dictionary
Compensation Act 2006 — The Compensation Act 2006[1] Parliament of the United Kingdom Long title An Act to specify certain factors that may be taken into account by a court dete … Wikipedia
Compensation principle — In welfare economics, the compensation principle refers to a decision rule used to select between pairs of alternative feasible social states. One of these states is the hypothetical point of departure ( the original state ). According to the… … Wikipedia
Compensation point — The compensation point is the amount of light intensity on the light curve where the rate of photosynthesis exactly matches the rate of respiration. At this point, the uptake of CO2 through photosynthetic pathways is exactly matched to the… … Wikipedia
Compensation — A technique used in automatic fee calculation for calculating fees based upon balances in multiple accounts of the same customer. In this way a positive balance in one account can be used to compensate for a negative balance in another. The… … International financial encyclopaedia
Compensation pendulum — Pendulum Pen du*lum, n.; pl. {Pendulums}. [NL., fr. L. pendulus hanging, swinging. See {Pendulous}.] A body so suspended from a fixed point as to swing freely to and fro by the alternate action of gravity and momentum. It is used to regulate the… … The Collaborative International Dictionary of English
Compensation (engineering) — In engineering, compensation is planning for side effects or other unintended issues in a design. The design of an invention can itself also be to compensate for some other existing issue or exception. One example is in a voltage controlled… … Wikipedia
compensation — [ˌkɒmpənˈseɪʃ(ə)n] noun 1) [U] money that someone receives because something bad has happened to them She was awarded £200, 000 compensation for her injuries.[/ex] 2) [C/U] something that changes or removes the bad effect of something He uses… … Dictionary for writing and speaking English
compensation balance — noun : a timepiece balance wheel so constructed (as of two metals of different expansivities) that variations of temperature produce such changes in its mean rim diameter as offset the changes produced in the hairspring * * * compensation balance … Useful english dictionary
compensation pendulum — noun : a clock pendulum so constructed as to remain of the same pendulum length by automatic compensation for the effect of changes of temperature … Useful english dictionary