/ˌkɒmpɛnˈseɪʃən/ – nounverb
Definition: 1. việc bồi thường, việc đền bù;
2. tiền thù lao;
3. (Scot) thanh toán bù trừ.
A more thorough explanation: Compensation refers to the act of providing payment, benefits, or other forms of remuneration to someone in exchange for their services, work, or for any loss, injury, or damage suffered. It is often used in the context of legal agreements, contracts, or settlements to ensure that individuals are fairly compensated for their contributions or losses.
Example: The company agreed to provide financial compensation to the employee for the injuries sustained in the workplace accident.