The extent to which injured parties are compensated for their injuries by those who have injured them.
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Flexible signin and time-off for personal business is definitely a compensatory benefit.
The civil suit resulted in the defendant having to pay compensatory damages to the victim.
The Compensatory and Contingency Financing Facility is a loan for sudden drops in export earnings.
A compensatory pause is noted on an electrocardiogram after a premature complex. It precedes the next normal complex, and compensates for the abnormality of the heart beat.
The word compensatory means, to make amends especially for loss or injury, to serve as a compensation. or to counterbalance the effect of an undesirable influence.
Actual or compensatory damages are sometimes used in the same manner. Generally, both are given to reimburse the victim's economic losses. So examples of compensatory damages involve lost wages and earnings as well as medical expenses incurred as a result of the accident and/or incident at work. The specific amount of money lost by the victim is reimbursed by actual or compensatory damages.
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Let's say your father tells you you can't use your telephone after 10 PM. So you get onto your computer and do text messaging through the computer instead.From, sugarspicecake - The definition for Compensatory Response: If a drug changes bodily functioning in a certain way, say by increasing heart rate, the brain will try to adjust for this imbalance by producing compensatory responses, which are reactions opposite to that drug (for example: reactions that decreases heart rate). In effect, compensatory responses represent the body's way of fighting the invasion of drugs. Therefore, the compensatory responses, try to keep the peace in a person's body, or the compensatory reponses try to maintain a homostatis balance in the body.
According to the IRS, compensatory damages you receive for personal physical injury or sickness are not taxable. There are, however, instances when they are taxable so it is important to check with an attorney.