Compensation can refer to: Financial compensation Remuneration, such as a wage or salary to pay people for their work Executive compensation Deferred compensation Damages - legal term referring to the financial compensation recoverable by reason of another's breach of duty; the money paid or awarded to a plaintiff Workers' compensation, to protect employees who've incurred work-related injuries. Example's the Radiation Exposure Compensation Act. Nationalization compensation, compensation paid… (More on Compensation)