Longman Dictionary of Contemporary English homepage

Topic: FINANCE

Date: 1600-1700
Language: Latin
Origin: , past participle of compensare, from compendere; COMPENDIUM

compensate

 verb
     
com‧pen‧sate
1 [intransitive] to replace or balance the effect of something bad:
Because my left eye is so weak, my right eye has to work harder to compensate.
compensate for
Her intelligence more than compensates for her lack of experience.
2 [transitive]BF to pay someone money because they have suffered injury, loss, or damage:
the government's promise to compensate victims of the flood
compensate somebody for something
The firm will compensate workers for their loss of earnings.
Definition of compensate from the Longman Dictionary of Contemporary English within
the topic FINANCE

Explore FINANCE Topic

accountant accounting appropriate asset audit auditor balance sheet bond cash flow compensate compound controller cost CPA credit(n) credit(v) due earn economic equity failure figure finance financier FY gross holding inheritance injection invest investment investor leverage mature maturity net(a) net(v) non-payment option portfolio principal proceeds property purse p.w. real receiver rent rental resource return(v) return(n) revenue ruin saving speculation squeeze term total transfer trust weak

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