compensate
compensate v. 补偿；赔偿；抵销
Search Results for: COMPENSATE
compensated surety
A surety who is paid for becoming obliged to the creditor; esp., one that engages in the business of executing suretyship contracts in exchange for premiums, which are determined by an actuarial computation of risks. • A bonding company is a typical example of a compensated surety. — Also termed commercial surety.
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compensate
compensate (kom-p[schwa]n-sayt), vb. 1. To pay (another) for services rendered (the lawyer was fairly compensated for her time and effort). 2. To make an amendatory payment to; to recompense (for an injury) (the court ordered the defendant to compensate the injured plaintiff).
federal tort claims act
Federal Tort Claims Act. A statute that limits federal sovereign immunity and allows recovery in federal court for tort damages caused by federal employees, but only if the law of the state where the injury occurred would hold a private person liable for the injury. 28 USCA §§ 2671–2680. — Abbr. FTCA. See sovereign immunity
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offset
offset, n. Something (such as an amount or claim) that balances or compensates for something else; SETOFF. “Both setoff and recoupment existed at common law, but their scope has been modified, expanded, and ultimately merged by subsequent statutory and decisional law. The final equitable concept of ‘offset’ recognizes that the debtor may satisfy a creditor’s
duty to indemnify
An obligation to compensate another for the other’s loss. • The duty arises under the terms of an agreement, which governs the extent of the duty. An insurance policy is fundamentally an indemnification agreement, but the duty is often made a part of other contracts as well.
shop right
shop right. Patents. An employer’s right to an irrevocable, nonassignable, nonexclusive, royalty-free license in an employee’s invention, if the employee conceived and developed the invention during the course of employment and used company funds and materials. • The term derives from the idea that the right belongs to the shop, not to the employee. Employment
damage feasant
damage feasant (dam-ij fez-[schwa]nt orfee-z[schwa]nt), n. [fr. French faisant dommage] Hist. Doing damage. • This phrase usu. refers to injury to a person’s land caused by another person’s animals’ trespassing on the property and eating the crops or treading the grass. By law, the owner of the damaged property could distrain and impound the animals