Definition, Meaning & Synonyms

demand-compensation

noun

/dɪˈmænd ˌkɒmpənˈseɪʃən/

Definition

Demand compensation refers to the process of seeking reimbursement for damages or losses incurred due to someone else’s actions or negligence.

Examples

The company filed a demand compensation against the supplier for faulty materials.
After the accident, she submitted a demand compensation to cover her medical bills.
The lawyer prepared a demand compensation letter to ensure her client received adequate funds for their losses.

Meaning

In the context of legal and financial discussions, demand compensation involves formally requesting payment or restitution to cover the costs associated with a loss or injury.