Monetary compensation

USAGE SUMMARY

The phrase "Monetary compensation" is correct and usable in written English.
It can be used in contexts related to payment or remuneration for services, damages, or losses. Example: "The company offered monetary compensation to the employees affected by the layoffs."

✓ Grammatically correct

Science

News & Media

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Monetary compensation was discussed with participants during the informed consent process.

BMC Medical Research Methodology

CAN monetary compensation buy justice?

The Economist

The producers were offering no monetary compensation.

The New York Times

Some litigants have demanded monetary compensation for scanned books.

The New York Times - Tech

The compensation for it, monetary compensation we want.

The Guardian - Film

There is no monetary compensation with the awards.

The New York Times

You have the right to request monetary compensation.

The Guardian - Money

A total figure for monetary compensation was not specified.

The New York Times

All of them received a monetary compensation.

EURASIP Journal on Audio, Speech, and Music Processing

No monetary compensation per article, letter or pages viewed.

TechCrunch

So, a simple monetary compensation should be avoided' (HS04).

Pastoralism

Expert writing Tips

Best practice

When discussing compensation in formal documents, consider using "Monetary compensation" to clearly indicate that the compensation involves money. For example, "The contract specifies the monetary compensation for early termination."

Common error

Avoid using "Monetary compensation" when non-monetary benefits are also provided. For example, instead of saying "The monetary compensation includes health benefits", specify "The compensation package includes monetary compensation and health benefits".

Linguistic Context

The phrase "Monetary compensation" primarily functions as a noun phrase. It identifies the type of payment provided for services, losses, or damages. As Ludwig AI states, the phrase is correct and usable in written English.

Expression frequency: Very common

Frequent in

Science

59%

News & Media

35%

Formal & Business

6%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "Monetary compensation" is a grammatically sound and frequently used phrase that specifies remuneration in the form of money. Ludwig AI confirms its correctness and usability across various contexts. Its primary function is to clearly identify the type of payment, serving as a noun phrase in sentences. While found in various domains, it is most commonly used in scientific and news-related contexts. For those seeking alternative phrasing, options like "financial remuneration" or "cash payment" can be considered based on specific needs. When using the term, ensure it accurately reflects the nature of compensation being discussed, avoiding confusion with non-monetary benefits.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Financial remuneration

Replaces "monetary" with "financial", emphasizing the financial aspect of the compensation.

Financial reimbursement

Highlights the repayment of incurred expenses or losses.

Financial settlement

Focuses on the act of resolving a claim or dispute through a financial agreement.

Damage payment

Implies compensation specifically for damages incurred.

Indemnification

A formal term referring to protection against or compensation for loss or damages.

Cash payment

Specifies that the compensation is in the form of cash.

Funds compensation

Refers to the allocation of funds as compensation.

Wage compensation

Relates to compensating employees for their work.

Remuneration package

Encompasses all forms of payment and benefits received as compensation.

Salary compensation

Implies a more structured and regular compensation than "Wage compensation".

FAQs

What is the meaning of "Monetary compensation"?

"Monetary compensation" refers to payment or remuneration in the form of money for services rendered, losses incurred, or damages suffered.

How do I use "Monetary compensation" in a sentence?

You can use "Monetary compensation" in sentences like, "The company offered monetary compensation to the employees affected by the layoffs," or "The victims of the accident received monetary compensation for their injuries".

What are some alternatives to "Monetary compensation"?

You can use alternatives like "financial remuneration", "cash payment", or "financial settlement" depending on the context.

Is "Monetary compensation" the same as "Financial compensation"?

While similar, "Monetary compensation" specifically emphasizes that the compensation is in the form of money. "Financial compensation" is a broader term that can encompass other financial benefits or assets.