COMPENSATION AWARD

COMPENSATION AWARD,

COMPENSATION AWARD:

  1. A lump sum that is usually paid to the injured party from time to time over a specific period of time or depending on the nature and extent of the injury is not limited. Payment is usually made in installments, but sometimes it can be paid in a lump sum. Often, in the case of employee compensation.

Literal Meanings of COMPENSATION AWARD

COMPENSATION:

Meanings of COMPENSATION:
  1. Some, usually money, is given to someone as compensation for a loss, injury or distress.

Sentences of COMPENSATION
  1. The right to compensation for injuries at work

Synonyms of COMPENSATION

recompense, repayment, payment, reimbursement, remuneration, requital, indemnification, indemnity, redress, satisfaction

AWARD:

Meanings of AWARD:
  1. Delivery or order (of something) as a legal payment, compensation or (someone's) thanks

  2. Awards or other recognition awards for achievements.

Sentences of AWARD
  1. Purple is the heart

  2. Company's annual award for quality service

Synonyms of AWARD

give, grant, prize, trophy, medal