Damages vs. Compensation

Damagesnoun

(legal) The money paid or awarded to a claimant (in England), a pursuer (in Scotland) or a plaintiff (in the US) in a civil action as compensation for a loss suffered by the same.

Damagesnoun

a sum of money paid in compensation for an injury or wrong.

Damagesnoun

a sum of money paid in compensation for loss or injury

Damages

At common law, damages are a remedy in the form of a monetary award to be paid to a claimant as compensation for loss or injury. To warrant the award, the claimant must show that a breach of duty has caused foreseeable loss.

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