compensation amount

USAGE SUMMARY

The phrase "compensation amount" is correct and usable in written English.
It can be used in contexts related to financial discussions, legal matters, or any situation where a specific sum of money is being referred to as compensation for a service, loss, or injury. Example: "The compensation amount for the damages incurred during the accident was determined to be $10,000."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

17 human-written examples

TOTAL COMPENSATION AMOUNT The sum of the cash pay, stock awards and option awards categories.

The New York Times

It will take €25 and subtract 27% of the total compensation amount following payment from the airline – but we'd be very surprised if it didn't pay up.

The Guardian - Money

"Fifty percent of the compensation amount will be given in the form of drafts starting Monday," Mr. Sharma said on Friday.

The New York Times

If the United States fails to lift sanctions and remove Libya from its list of states that sponsor terrorism within eight months, the settlement states, each family will get only an additional $1 million, capping the total compensation amount per family at $5 million.

The New York Times

So double the compensation amount.

Forbes

The total compensation amount is 3757 Mvar.

Journal of Modern Power Systems and Clean Energy

Human-verified similar examples from authoritative sources

Similar Expressions

43 human-written examples

Mr. McCallister, whose annual compensation amounts to $4.8 million, said he worried about the impact of the rhetoric on staff morale.

The New York Times - Health

For victims of the Virginia Tech shooting, he said, compensation amounts were based on how long they were in the hospital.

The New York Times

The rules on delays – which also apply to cancellations – set a tariff of compensation amounts based on journey distance.

Independent

In 2010, all, including Aamer, were offered compensation, amounting in some cases to about £1m, in return for dropping their cases against MI5, MI6 and former British ministers.

The Guardian

For Mr. Pandit, the lost compensation amounts to roughly $24 million, according to a person with knowledge of the matter who could not speak publicly.

The New York Times

Expert writing Tips

Best practice

When discussing legal or financial matters, clearly state the "compensation amount" to avoid ambiguity. Specify the currency and any applicable terms or conditions.

Common error

Avoid using "compensation amount" interchangeably with terms like "salary" or "revenue". "Compensation amount" specifically refers to a sum paid to offset a loss or injury, whereas salary is for regular employment and revenue is for business income.

Linguistic Context

The phrase "compensation amount" functions primarily as a noun phrase, acting as a subject, object, or complement in a sentence. It identifies a specific quantity or sum of money intended to offset a loss, injury, or service. Ludwig examples show its use in various contexts.

Expression frequency: Common

Frequent in

News & Media

32%

Science

30%

Formal & Business

15%

Less common in

Wiki

15%

Encyclopedias

5%

Reference

3%

Ludwig's WRAP-UP

The phrase "compensation amount" is a commonly used noun phrase that refers to a specific sum of money paid as compensation for a loss, injury, or service. It is grammatically correct and finds frequent application across various domains, including News & Media, Science, and Formal & Business settings. As Ludwig AI confirms, its neutral register makes it suitable for both formal and informal communication. While similar phrases like "compensation sum" and "settlement amount" can be used, it's important to maintain clarity and precision when specifying the "compensation amount" in financial or legal contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

compensation sum

Replaces "amount" with "sum", a synonym denoting a total quantity.

compensation payment

Focuses on the act of paying the compensation rather than the total figure.

total compensation

Emphasizes that the figure represents the overall compensation, possibly including various components.

settlement amount

Specifically refers to the amount agreed upon in a settlement, often in legal contexts.

reimbursement amount

Indicates a repayment for expenses incurred, differing slightly from general compensation.

damages award

Replaces "compensation" with "damages", typical in legal contexts.

financial compensation

Adds the adjective "financial" to stress the monetary aspect.

remuneration package

Replaces "compensation amount" with "remuneration package" to represent more formal reward.

indemnity payment

Focuses on indemnification, a specific type of compensation for losses or damages.

monetary compensation

Highlights the monetary aspect of the compensation, similar to "financial compensation".

FAQs

How is the "compensation amount" determined in a legal settlement?

The "compensation amount" in a legal settlement is determined by various factors, including the extent of damages, legal precedents, and negotiation between parties. Courts and mediators often play a role in setting a fair "settlement amount".

What factors influence the "compensation amount" for a canceled flight?

The "compensation amount" for a canceled flight depends on factors such as the distance of the flight, the length of the delay, and regulations set by aviation authorities. Airlines often follow established tariffs for "compensation amounts" based on these criteria.

What can I say instead of "compensation amount"?

You can use alternatives like "compensation sum", "settlement figure", or "reimbursement sum" depending on the context.

Is "compensation amount" the same as "total compensation"?

"Compensation amount" generally refers to a specific sum paid for damages or losses, while "total compensation" encompasses all forms of payment, including salary, bonuses, and benefits. The "total compensation" may include the "compensation amount" in some cases, but it is a broader term.