remuneration

(rĭ-myū'nə-rā'shən)
n.

1. The act of remunerating.
2. Something, such as a payment, that remunerates.

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Direct or indirect compensation for services performed. wages are a form of direct remuneration, while fringe benefits are a form of indirect remuneration.

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noun

1. Something given in exchange for goods or services rendered: compensation, consideration, payment, recompense. See pay/owe.
2. Payment for work done: compensation, earnings, emolument, fee, hire, pay, salary, stipend, wage. See pay/owe.
3. Something to make up for loss or damage: amends, compensation, indemnification, indemnity, offset, quittance, recompense, redress, reimbursement, reparation, repayment, requital, restitution, satisfaction, setoff. See substitute.

Payment or compensation received for services or employment. This includes the base salary and any bonuses or other economic benefits that an employee or executive receives during employment.

Investopedia Says:
This term often refers to the total compensation received by an executive, which includes not only the base salary but options, bonuses, expense accounts and other forms of compensation.

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n

Pay; recompense; salary.

For a list of words related to remuneration, see:

• Economics and Economic Theory - remuneration: payment in cash for goods or services
• Spending, Receiving, and Possessing Wealth - remuneration: payment or reward for work, service, or trouble

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