Compensation and Rewards Vocabulary — Online Interactive Flashcards
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This category includes terms like 'emolument', 'remuneration', and 'stipend', ideal for discussions about various forms of financial or non-financial compensation and rewards.
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alimony

Includes synonyms, etymology, and a detailed definition.
Part of Speech
noun
Definition
A court-ordered payment made from one spouse to the other as a result of a divorce or legal separation.
Example Sentence
"The court ordered Mark to pay a substantial amount of alimony to his ex-wife."
Complete Flashcards List for Compensation and Rewards with Definitions, POS, IPA, Examples, Synonyms, and Antonyms
alimony (noun) /ˈalɪməni/
Definition: A court-ordered payment made from one spouse to the other as a result of a divorce or legal separation.
Example Sentence: "The court ordered Mark to pay a substantial amount of alimony to his ex-wife."
Synonyms: allowance; keep; livelihood; living; maintenance; provision
Opposite Meaning: none
allowance (noun) /əˈlaʊ əns/
Definition: An allowance refers to a regular sum of money given to someone, often on a scheduled basis.
Example Sentence: "She receives a clothing allowance from her employer to maintain a professional appearance."
Synonyms: allocation; budget; dispensation; grant; perquisite; portion
Opposite Meaning: restriction
annuity (noun) /əˈnjuːɪti/
Definition: A fixed stream of payments paid to someone over a predetermined period of time.
Example Sentence: "She planned to use her annuity to travel and enjoy her retirement to the fullest."
Synonyms: allocation; allotment; allowance; earnings; endowment; entitlement
Opposite Meaning: lump sum
arrears (noun) /əˈrɪəz/
Definition: A situation where a debt or payment that is due has not been paid by the agreed upon date.
Example Sentence: "She was in arrears on her rent and faced eviction."
Synonyms: arrearage; claim; debit; deficiency; deficit; indebtedness
Opposite Meaning: advance
avarice (noun) /ˈav(ə)rɪs/
Definition: An extreme and insatiable desire for wealth, material possessions, or monetary gain.
Example Sentence: "He was driven by avarice and was always looking for ways to make more money."
Synonyms: acquisitiveness; avariciousness; covetousness; cupidity; desire; greed
Opposite Meaning: generosity
bursary (noun) /ˈbəːs(ə)ri/
Definition: A form of financial aid that is awarded to students to help them pay for their education.
Example Sentence: "The bursary is a valuable resource for students who need financial assistance."
Synonyms: aid; allowance; assistance; award; benefaction; charity
Opposite Meaning: loan
charitable (adjective) /tʃærɪtəbəl/
Definition: Demonstrating kindness, compassion, and generosity towards others, particularly those in need or less fortunate.
Example Sentence: "They organized a charitable event to raise funds for children in need."
Synonyms: altruistic; benevolent; compassionate; generous; giving; humanitarian
Opposite Meaning: selfish
charity (noun) /ˈtʃær ɪ ti/
Definition: A benevolent and altruistic act or organization aimed at providing assistance, support, and resources to those in need.
Example Sentence: "The charity auctioned off valuable artwork to raise money for a children's hospital."
Synonyms: aid; alms; assistance; benevolence; compassion; contribution
Opposite Meaning: greed
collateral (noun) /kəˈlat(ə)rəl/
Definition: An asset or property that is pledged as security for a loan or other financial obligation.
Example Sentence: "Collateral can include assets such as real estate, vehicles, or stocks and bonds."
Synonyms: assurance; belongings; deposit; guarantee; holdings; pledge
Opposite Meaning: risk
compensate (verb) /ˈkɑmpənˌseɪt/
Definition: To make up for or to provide a substitute for something that is missing, lacking or insufficient.
Example Sentence: "The company will compensate its employees for their overtime work."
Synonyms: balance; indemnify; recompense; redress; refund; reimburse
Opposite Meaning: disregard
compensation (noun) /ˌkɒm pənˈseɪ ʃən/
Definition: Something, typically money, goods, or services, as a form of recompense, payment, or restitution for a loss, injury, or work performed.
Example Sentence: "The accident victim filed a lawsuit seeking compensation for their injuries."
Synonyms: indemnity; payment; recompense; redress; reimbursement; remuneration
Opposite Meaning: penalty
debit (verb) /dɛb ɪt/
Definition: To deduct or subtract an amount from an account or balance, typically in a financial or accounting context.
Example Sentence: "The bank will automatically debit the mortgage payment from your checking account."
Synonyms: abate; charge; decrease; deduct; dock; draw
Opposite Meaning: credit
depreciate (verb) /dɪˈpriːʃɪeɪt/
Definition: To decrease in value over time, due to a variety of factors such as wear and tear, obsolescence, or changes in market demand.
Example Sentence: "High inflation can cause the purchasing power of money to depreciate."
Synonyms: cheapen; deflate; depress; devalue; downgrade; lessen
Opposite Meaning: appreciate
dividend (noun) /ˈdɪvɪˌdɛnd/
Definition: A portion of a company's profits that is distributed to its shareholders as a form of payment for their investment in the company.
Example Sentence: "The company declared a generous dividend for its shareholders."
Synonyms: bonus; earnings; gain; payout; profit; remittance
Opposite Meaning: loss
dowry (noun) /ˈdaʊri/
Definition: A sum of money, property, or other valuables that is given by a bride's family to her husband or his family at the time of marriage.
Example Sentence: "The groom's family demanded an exorbitant dowry before agreeing to the marriage."
Synonyms: bequest; contribution; donation; dower; endowment; gift
Opposite Meaning: none
emolument (noun) /ɪˈmɒljʊm(ə)nt/
Definition: Payment received for services rendered, especially in a professional capacity.
Example Sentence: "The emolument was a major factor in attracting and retaining talented employees."
Synonyms: compensation; earnings; income; pay; payment; profit
Opposite Meaning: nonpayment
frugal (noun) /ˈfruːɡl/
Definition: The practice of being economical and careful in the use of resources, especially money.
Example Sentence: "The family lived a frugal life, saving every penny they could."
Synonyms: austere; budgeting; careful; economical; modest; parsimonious
Opposite Meaning: wasteful
frugality (noun) /fruˈgæl ɪ ti/
Definition: The quality or state of being frugal, which is the practice of being economical and mindful in the use of resources, especially money.
Example Sentence: "His frugality allowed him to save a significant amount of money for future endeavors."
Synonyms: conservation; economy; frugalness; moderation; parsimony; prudence
Opposite Meaning: extravagance
fund (noun) /fʌnd/
Definition: A sum of money or financial resources that are set aside, collected, or allocated for a particular purpose or cause.
Example Sentence: "The scholarship fund provided financial aid to deserving students."
Synonyms: bankroll; cache; coffer; hoard; kitty; pool
Opposite Meaning: debt
gratuity (noun) /ɡrəˈtjuːɪti/
Definition: A sum of money given to someone as a token of appreciation for a service rendered, also known as a tip.
Example Sentence: "He left a generous gratuity for the waiter who provided excellent service."
Synonyms: baksheesh; benefaction; bonus; contribution; donation; lagniappe
Opposite Meaning: non-reward
indemnity (noun) /ɪnˈdɛm nɪ ti/
Definition: Financial protection or compensation against a loss or damage caused by a specific event.
Example Sentence: "The insurance policy provided indemnity for the loss of the client's property."
Synonyms: amends; payment; quittance; redress; refund; reimbursement
Opposite Meaning: liability
insolvent (adjective) /ɪnˈsɒlv(ə)nt/
Definition: Unable to pay debts or meet one's financial obligations when they are due.
Example Sentence: "The company was declared insolvent and went bankrupt."
Synonyms: bankrupt; broke; bust; failed; impoverished; indebted
Opposite Meaning: solvent
lucrative (adjective) /ˈluːkrətɪv/
Definition: Highly profitable or capable of generating substantial financial gains.
Example Sentence: "He gave up a lucrative career as a banker to look after his three young children."
Synonyms: advantageous; enriching; fruitful; gainful; moneymaking; paying
Opposite Meaning: unprofitable
parsimonious (adjective) /ˌpɑːsɪˈməʊnɪəs/
Definition: Characterized by extreme frugality and an unwillingness to spend money or resources generously.
Example Sentence: "The parsimonious old man was known for his frugality and tight-fistedness."
Synonyms: avaricious; cheap; closefisted; economical; frugal; miserly
Opposite Meaning: generous
pecuniary (adjective) /pɪˈkjuːnɪəri/
Definition: Relating to or involving financial matters, particularly money or financial resources.
Example Sentence: "The pecuniary compensation was not enough to cover the damages."
Synonyms: banking; budgetary; budgeting; capital; cash; commercial
Opposite Meaning: non-financial
proceeds (noun) /ˈprəʊsiːdz/
Definition: The money or profits obtained from a particular source or activity.
Example Sentence: "She donated all the proceeds from her book sales to a children's literacy foundation."
Synonyms: earnings; funds; gains; income; money; profits
Opposite Meaning: loss
prodigal (adjective) /ˈprɒdɪɡl/
Definition: Wasteful or extravagant in the use of resources, particularly money.
Example Sentence: "The company's prodigal use of resources led to its eventual downfall."
Synonyms: dissolute; excessive; extravagant; immoderate; improvident; intemperate
Opposite Meaning: frugal
profit (noun) /ˈprɒf ɪt/
Definition: The financial gain or benefit that is obtained from a business venture, investment, or commercial activity after deducting all expenses, costs, and taxes.
Example Sentence: "The company reported a significant increase in profit this quarter."
Synonyms: advantage; earnings; gain; income; lucre; payoff
Opposite Meaning: loss
Pyrrhic (adjective) /ˈpɪr ɪk/
Definition: Coming at a high cost or entailing substantial losses, to the point where the gains achieved are nearly outweighed by the negative consequences.
Example Sentence: "The athlete's Pyrrhic pursuit of perfection led to burnout and injury."
Synonyms: costly; counterproductive; disastrous; fruitless; futile; hollow
Opposite Meaning: beneficial
recompense (noun) /ˈrɛkəmpɛns/
Definition: Compensation or payment given as a reward or in return for something, especially loss or injury.
Example Sentence: "She sought recompense for the loss of her home in the fire."
Synonyms: amends; compensation; damages; indemnification; pay; quittance
Opposite Meaning: forfeiture
recoup (verb) /rɪˈkuːp/
Definition: To regain or recover something that has been lost, such as money, resources, or time.
Example Sentence: "The company is trying to recoup the losses from the failed project."
Synonyms: compensate; reacquire; recapture; redeem; reimburse; replenish
Opposite Meaning: lose
reimburse (verb) /ˌriːɪmˈbəːs/
Definition: To compensate someone for expenses or losses they have incurred.
Example Sentence: "The insurance company agreed to reimburse the cost of the medical treatment."
Synonyms: indemnify; reciprocate; recompense; redress; refund; remunerate
Opposite Meaning: charge
remittance (noun) /rɪˈmɪt(ə)ns/
Definition: A sum of money sent or transferred, typically from one individual or entity to another, often across geographical distances.
Example Sentence: "He sent a remittance to his family back home every month."
Synonyms: allowance; consideration; contribution; delivery; deposit; disbursement
Opposite Meaning: non-payment
remunerate (verb) /rɪˈmjuːnəreɪt/
Definition: To pay or give other compensation in exchange for work or services rendered.
Example Sentence: "The organization decided to remunerate the volunteers for their efforts."
Synonyms: award; compensate; grant; indemnify; recompense; refund
Opposite Meaning: underpay
remuneration (noun) /rɪˌmyu nəˈreɪ ʃən/
Definition: The compensation or payment received in exchange for work, services, or employment.
Example Sentence: "The company offered an attractive remuneration package to attract top talent."
Synonyms: compensation; earnings; emolument; fee; honorarium; income
Opposite Meaning: nonpayment
reparation (noun) /ˌrɛpəˈreɪʃ(ə)n/
Definition: The act of making amends or providing compensation for a wrong or harm that has been inflicted.
Example Sentence: "They demanded immediate financial reparation from the culprits."
Synonyms: amends; atonement; compensation; damages; indemnification; indemnity
Opposite Meaning: damage
revenue (noun) /ˈrɛvəˌnu/
Definition: The income or earnings generated by a business or organization through the sale of goods or services.
Example Sentence: "The company's revenue increased by 15% this quarter."
Synonyms: dividend; gain; interest; money; proceeds; profit
Opposite Meaning: loss
stipend (noun) /ˈstʌɪpɛnd/
Definition: A regular payment made to an individual, typically on a regular basis, as a form of salary or compensation.
Example Sentence: "The scholarship included a monthly stipend to cover living expenses."
Synonyms: allocation; allowance; award; benefaction; donation; endowment
Opposite Meaning: non-payment
thrifty (adjective) /ˈθrɪfti/
Definition: Having a prudent and economical approach to managing resources, expenses, and finances.
Example Sentence: "He prided himself on his thrifty lifestyle, living simply and avoiding excess."
Synonyms: budgeting; careful; economical; efficient; frugal; parsimonious
Opposite Meaning: extravagant
