1. money in payment for loss: an amount of money or something else given to pay for loss, damage, or work done
2. giving of compensation: the act of giving money or something else to pay for loss, damage, or work done
3. amends: something that makes amends or makes up for something else one of the compensations of living abroad
4. psychology behavior that offsets weakness: behavior that emphasizes a particular ability or personality trait in order to make up for a deficiency in another