Definition, Meaning & Synonyms
compensate-a-loss
verb
ˈkɒmpənˌseɪt ə lɒs
Definition
To make amends for a loss by providing something of equal value.
Examples
- The company offered to compensate-a-loss for the damaged goods in transit.
- To compensate-a-loss, he paid her back the money she lost during the transaction.
Meaning
Compensate-a-loss refers to the act of providing recompense or payment to offset a loss incurred by an individual or entity.
Synonyms
- Reimburse
- Offset
- Compensate
- Indemnify
