Compensation vs. Restitution

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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

Restitutionnoun

(legal) A process of compensation for losses.

Restitutionnoun

The act of making good or compensating for loss or injury.

Restitutionnoun

A return or restoration to a previous condition or position.

Restitutionnoun

That which is offered or given in return for what has been lost, injured, or destroyed; compensation.

Restitutionnoun

(medicine) The movement of rotation which usually occurs in childbirth after the head has been delivered, and which causes the latter to point towards the side to which it was directed at the beginning of labour.

Restitutionnoun

The act of restoring anything to its rightful owner, or of making good, or of giving an equivalent for any loss, damage, or injury; indemnification.

Restitutionnoun

That which is offered or given in return for what has been lost, injured, or destroved; compensation.

Restitutionnoun

The act of returning to, or recovering, a former state; as, the restitution of an elastic body.

Restitutionnoun

The movement of rotetion which usually occurs in childbirth after the head has been delivered, and which causes the latter to point towards the side to which it was directed at the beginning of labor.

Restitutionnoun

a sum of money paid in compensation for loss or injury

Restitutionnoun

the act of restoring something to its original state

Restitutionnoun

getting something back again;

Restitution

The law of restitution is the law of gains-based recovery, in which a court orders the defendant to give up his gains to the claimant. It should be contrasted with the law of compensation, the law of loss-based recovery, in which a court orders the defendant to pay the claimant for their loss.

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