Compensation vs. Fee

Compensationnoun

The act or principle of compensating.

Compensationnoun

Something which is regarded as an equivalent; something which compensates for loss

Compensationnoun

The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.

Compensationnoun

A recompense or reward for service.

Compensationnoun

An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation.

Compensationnoun

The relationship between air temperature outside a building and a calculated target temperature for provision of air or water to contained rooms or spaces for the purpose of efficient heating. In building control systems the compensation curve is defined to a compensator for this purpose.

Compensationnoun

The act or principle of compensating.

Compensationnoun

That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense.

Compensationnoun

The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.

Compensationnoun

something (such as money) given or received as payment or reparation (as for a service or loss or injury)

Compensationnoun

(psychiatry) a defense mechanism that conceals your undesirable shortcomings by exaggerating desirable behaviors

Compensationnoun

the act of compensating for service or loss or injury

Feenoun

(feudal law) A right to the use of a superior's land, as a stipend for services to be performed; also, the land so held; a fief.

Feenoun

(legal) An inheritable estate in land held of a feudal lord on condition of the performing of certain services.

Feenoun

(legal) An estate of inheritance in land, either absolute and without limitation to any particular class of heirs (fee simple) or limited to a particular class of heirs (fee tail).

Feenoun

(obsolete) Property; owndom; estate.

Feenoun

(obsolete) Money paid or bestowed; payment; emolument.

Feenoun

(obsolete) A prize or reward. Only used in the set phrase "A finder's fee" in Modern English.

Feenoun

A monetary payment charged for professional services.

Feeverb

To reward for services performed, or to be performed; to recompense; to hire or keep in hire; hence, to bribe.

Feenoun

property; possession; tenure.

Feenoun

Reward or compensation for services rendered or to be rendered; especially, payment for professional services, of optional amount, or fixed by custom or laws; charge; pay; perquisite; as, the fees of lawyers and physicians; the fees of office; clerk's fees; sheriff's fees; marriage fees, etc.

Feenoun

A right to the use of a superior's land, as a stipend for services to be performed; also, the land so held; a fief.

Feenoun

An estate of inheritance supposed to be held either mediately or immediately from the sovereign, and absolutely vested in the owner.

Feenoun

An estate of inheritance belonging to the owner, and transmissible to his heirs, absolutely and simply, without condition attached to the tenure.

Feeverb

To reward for services performed, or to be performed; to recompense; to hire or keep in hire; hence, to bribe.

Feenoun

a fixed charge for a privilege or for professional services

Feenoun

an interest in land capable of being inherited

Feeverb

give a tip or gratuity to in return for a service, beyond the agreed-on compensation;

Fee

A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead, wages, costs, and markup.