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OpenStudy (anonymous):
what is the definition of compensation? :)
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OpenStudy (anonymous):
the money paid to the victim after doing some harm to him/her. For example if you scratch someone's car you have to pay the price of repairing it. This is compensation
OpenStudy (anonymous):
Compensation is the money/property an individual give to another one for the damage/problem he caused to him/his firm. Eg: Car owner paying compensation for a pedestrian he hit with the car, and caused injury to the pedestrian.
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