According to my opinion, Compensation directly attach to the physical injury of the body like in a road accident. In contrast damages could be any other loss in shape of measure-able form or access able form.
Restitution is compensation for loss, damages or injury. The amount being equal to the loss, damage or injury. Punitive Damages go beyond compensation. They are "punishment" for the wrong doing. They are also used to deter the wrong doer from doing it again in the future. The amount is not limited.
How are ordinary damages are different from special damages
In contracts "damages" are what you sustain from a breach of the agreement. Damages are also what third parties could claim for damages to their property or for personal injuries. Indemnities provide you with protection against third party claims for injuries or damages they sustained as a result or actions by one of the parties to the agreement.
In order to receive compensation for liquidated damages, a person would have to hire an attorney and go to court. If the damages or losses were proven, the person could be compensated for them.
Reparations
reconstruction Compensation
Frederick Octavius Arnold has written: 'The law of damages and compensation' -- subject(s): Compensation (Law), Damages
In expropriation government pays any compensation but not in confiscation.and the difference between them that Expro. is taking of private owners and pay ( adequate and effective compensation)In Confis. is like deprivation and doesn't pay any compensation .
monetary compensation
The common term is "damages" or money damages".
Damages
A direct equity claim is an owner's and shareholder's right to profits. An indirect equity claim is a shareholder's right to compensation due to damages received by the company the shareholder owns shares with.