Noah Webster's Dictionary 1. (n.) The act or principle of compensating. 2. (n.) 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. 3. (n.) 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. 4. (n.) A recompense or reward for some loss or service. 5. (n.) 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.

Multi-Version Concordance Compensation (3 Occurrences) Exodus 21:34 The owner of the pit shall make compensation, and give money to the owner of them; and the dead beast shall be his. (WBS) Numbers 18:31 You shall eat it in every place, you and your households: for it is your reward in return for your service in the Tent of Meeting. (See NAS) Proverbs 6:35 He will not take any payment; and he will not make peace with you though your money offerings are increased. (See RSV NIV)