| 单词 | compensation |
| 释义 | compensation compensation 1. a monetary payment for loss or damage.2. in Scotland, the right to set off one debt against another with the effect of reducing the one by the amount of the other. The right is not available after decree. It applies only to liquid debts or, at the discre- tion of the court, debts easily made liquid. There must be concursus debiti et crediti, meaning that each party must be the other's debtor and creditor. An executor sued for a private debt has been held unable to plead compensation in respect of a debt owed to him as executor. The rules operate differently in INSOLVENCY. See CRIMINAL INJURIES COMPENSATION. |
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