Jan 05 , 2016

Tampa School of Real Estate

Compensation

Definition:  Anything of value or a valuable consideration, directly or indirectly paid, promised, or expected to be paid or received for a service provided.

Pronunciation:  \ˌkäm-pən-ˈsā-shən \

Used in a Sentence:   The builder offered a reduced price for the upgraded flooring as compensation for the delay.

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