"Compensation" is a word in LAW AND LEGAL, ENGLISH

Indemnification; pay-ment of damages; making amends; that which ls necessary to restore an injured par-ty to his former position. An act which a court orders to be done, or money which a court orders to be paid, by a person whose acts or omissions have caused loss or injury to another, in order that thereby the person damnified may receive equal value for his loss, or be made whole in respect of his injury. Railroad Co. v. Denman, 10 Minn. 280 (Gil. 208

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.

The act or principle of compensating.

A recompense or reward for some loss or service.

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.

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.