West's Encyclopedia of American Law | Compensation

A pecuniary remedy that is awarded to an individual who has sustained an injury in order to replace the loss caused by said injury, such as WORKERS' COMPENSATION. Wages paid to an employee or, generally, fees, salaries, or allowances. The payment a landowner is given to make up for the injury suffered as a result of the seizure when his or her land is taken by the government through EMINENT DOMAIN.