monetary compensation

Meanings

1. 1phraseuncountableformal

   Money paid to someone to make up for loss, damage, or injury.

   Grammar: No plural; use 'monetary compensation' or 'a payment of monetary compensation'.

   Patterns

   • receive monetary compensation
   • pay monetary compensation
   • claim monetary compensation
   • monetary compensation for something

   The court ordered the company to pay monetary compensation to the affected residents.

   She received monetary compensation for the damage to her car.

   Workers who were unfairly dismissed may claim monetary compensation.

2. 2phraseuncountablebusinessformal

   A payment made to an employee in addition to their normal salary, such as a bonus or allowance.

   Grammar: Often used in HR and business contexts.

   Patterns

   • monetary compensation package
   • offer monetary compensation
   • receive monetary compensation

   The job offers monetary compensation plus health insurance.

   He negotiated a better monetary compensation package.

   Employees were given monetary compensation for working overtime.

Common combinations

receive monetary compensation

The victims received monetary compensation from the insurance company.

pay monetary compensation

The firm was required to pay monetary compensation to its former employees.

claim monetary compensation

You can claim monetary compensation if your flight is canceled.

monetary compensation for

They asked for monetary compensation for the loss of their home.

Synonyms and how they differ

damages

A legal term for money awarded by a court, often for a specific wrong.

reparation

Money paid by a country or group for damage caused in war or conflict.

indemnity

Money paid to protect against or cover a specific loss, often in insurance.

Commonly confused: monetary compensation or compensation?

Practice

Make it your own

Write a sentence using “monetary compensation”, then check it and compare it with the examples above.

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