The definition of Compensation Fund is: Funds created by a company or organization that prepares people to make payments who have suffered loss or difficulty due to employees or members of the company or organization.
Literal Meanings of Compensation Fund
Meanings of Compensation:
Some, usually money, is given to someone as compensation for loss, injury or distress.
Sentences of Compensation
The right to compensation for those injured at work
Synonyms of Compensation
reimbursement, satisfaction, requital, recompense, repayment, indemnity, remuneration, indemnification, redress, payment
Meanings of Fund:
The amount of savings or money available for a specific purpose.
Pay for a specific purpose.
Sentences of Fund
Created a fund to coordinate economic investment
The World Bank refused to finance the project
Synonyms of Fund
finance, back, support, provide capital for, pool, purse, capitalize, subsidize, kitty, pay for, collection, underwrite, sponsor, float, provide finance for, be a patron of, maintain, endow, put up the money for, reserve