Compensation and Rewards Vocabulary Words – Online Spelling Bee

Spell: 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: "Sarah depended on the monthly alimony checks to support her and their children."
Word origin: The noun 'alimony' has its etymological origins in Latin.

Spell: 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 monthly allowance from her parents."
Word origin: The noun 'allowance' has its etymological origins in the Old French word 'alouance,' which is derived from the verb 'alouer.

Spell: annuity (noun) /əˈnjuːɪti/
Definition: A fixed stream of payments paid to someone over a predetermined period of time.
Example Sentence: "The lottery winner chose to receive their winnings as a lifelong annuity."
Word origin: The noun 'annuity' has its etymological origins in the Latin word 'annuitas,' derived from 'annus,' which means 'year.

Spell: 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: "The company struggled with arrears in its financial obligations."
Word origin: The noun 'arrears' has its etymological origins in Old French.

Spell: avarice (noun) /ˈav(ə)rɪs/
Definition: An extreme and insatiable desire for wealth, material possessions, or monetary gain.
Example Sentence: "Avarice can blind people to the needs of others."
Word origin: The noun 'avarice' has its etymological roots in Latin.

Spell: 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 university offers a bursary to deserving students."
Word origin: The noun 'bursary' has its etymology rooted in Latin and Middle English.

Spell: charitable (adjective) /tʃærɪtəbəl/
Definition: Demonstrating kindness, compassion, and generosity towards others, particularly those in need or less fortunate.
Example Sentence: "The company's annual fundraiser aimed to support charitable causes in the local community."
Word origin: The adjective 'charitable' has its etymological origins in Latin and Old French.

Spell: 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: "I donated my old clothes to a charity for homeless individuals."
Word origin: The noun 'charity' has its etymological roots in Latin and Old French.

Spell: collateral (noun) /kəˈlat(ə)rəl/
Definition: An asset or property that is pledged as security for a loan or other financial obligation.
Example Sentence: "The bank required collateral for the business loan."
Word origin: The noun 'collateral' has its etymological origins in Latin.

Spell: compensate (verb) /ˈkɑmpənˌseɪt/
Definition: To make up for or to provide a substitute for something that is missing, lacking or insufficient.
Example Sentence: "We need to compensate for the delay by working overtime."
Word origin: The verb 'compensate' has its origins in Latin, specifically from the word 'compensare,' which is formed by combining 'com,' meaning 'with' or 'together,' and 'pensare,' meaning 'to weigh' or 'to pay.

Spell: 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 company offered competitive compensation packages to attract top talent."
Word origin: The noun 'compensation' finds its origins in Latin, specifically from the word 'compensatio,' which is derived from 'com' meaning 'together with' and 'pensare' meaning 'to weigh' or 'to pay.

Spell: 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: "Don't forget to debit the expense for office supplies from the petty cash account."
Word origin: The verb 'debit' has its etymological roots in Latin and French.

Spell: 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: "Economic fluctuations can cause assets to depreciate unexpectedly."
Word origin: The verb 'depreciate' has its etymological roots in Latin.

Spell: 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 annual dividend payment provided a welcome boost to my income."
Word origin: The noun 'dividend' has its etymology rooted in Latin and Middle English.

Spell: 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: "In some cultures, dowry is seen as a symbol of a woman's worth."
Word origin: The noun 'dowry' has its etymological roots in multiple languages, including Latin, French, and Middle English.

Spell: emolument (noun) /ɪˈmɒljʊm(ə)nt/
Definition: Payment received for services rendered, especially in a professional capacity.
Example Sentence: "The emolument for the elected officials was a topic of much controversy and debate."
Word origin: The noun 'emolument' has its etymology rooted in Latin.

Spell: frugal (noun) /ˈfruːɡl/
Definition: The practice of being economical and careful in the use of resources, especially money.
Example Sentence: "Frugal spending habits helped him achieve financial stability."
Word origin: The noun 'frugal' has its etymology rooted in Latin.

Spell: 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: "With frugality as her guiding principle, she carefully budgeted her monthly expenses."
Word origin: The noun 'frugality' derives from the Latin word 'frugalitas,' which is formed from the adjective 'frugalis,' meaning 'economical' or 'thrifty.

Spell: 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: "She contributed a generous amount to the disaster relief fund."
Word origin: The noun 'fund' has its origins in the Latin word 'fundus,' which referred to the bottom or base of something, particularly the soil or land.

Spell: 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: "I always make sure to tip generously because gratuity is an important way to show appreciation."
Word origin: The noun 'gratuity' has its etymological roots in Latin and Old French.

Spell: indemnity (noun) /ɪnˈdɛm nɪ ti/
Definition: Financial protection or compensation against a loss or damage caused by a specific event.
Example Sentence: "He demanded an indemnity from the car rental company after his vehicle was stolen."
Word origin: The noun 'indemnity' has its etymological roots in Latin.

Spell: insolvent (adjective) /ɪnˈsɒlv(ə)nt/
Definition: Unable to pay debts or meet one's financial obligations when they are due.
Example Sentence: "She was forced to declare insolvency after her business failed."
Word origin: The adjective 'insolvent' has its etymological roots in Latin and Middle English.

Spell: lucrative (adjective) /ˈluːkrətɪv/
Definition: Highly profitable or capable of generating substantial financial gains.
Example Sentence: "Real estate investment can yield highly lucrative returns."
Word origin: The adjective 'lucrative' has its etymological roots in Latin.

Spell: parsimonious (adjective) /ˌpɑːsɪˈməʊnɪəs/
Definition: Characterized by extreme frugality and an unwillingness to spend money or resources generously.
Example Sentence: "She earned a reputation for being parsimonious with her expenses."
Word origin: The adjective 'parsimonious' has its etymological origins in Latin.

Spell: pecuniary (adjective) /pɪˈkjuːnɪəri/
Definition: Relating to or involving financial matters, particularly money or financial resources.
Example Sentence: "The court imposed a pecuniary penalty on the defendant for their illegal activities."
Word origin: The adjective 'pecuniary' has its etymological roots in Latin.

Spell: proceeds (noun) /ˈprəʊsiːdz/
Definition: The money or profits obtained from a particular source or activity.
Example Sentence: "The company's proceeds exceeded expectations, leading to higher dividends for shareholders."
Word origin: The noun 'proceeds' is derived from the Middle English word 'proceden,' which comes from the Old French 'proceder' and the Latin 'procedere.

Spell: prodigal (adjective) /ˈprɒdɪɡl/
Definition: Wasteful or extravagant in the use of resources, particularly money.
Example Sentence: "The prodigal heir squandered the family fortune."
Word origin: The adjective 'prodigal' has its etymological origins in Latin.

Spell: 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 non-profit organization focuses on social impact rather than financial profit."
Word origin: The noun 'profit' has its etymological origins in the Old French word 'prufit,' which was derived from the Latin word 'proficere.

Spell: 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: "Their aggressive expansion was a Pyrrhic strategy, depleting resources."
Word origin: The adjective 'Pyrrhic' is derived from the name of the ancient Greek military commander Pyrrhus of Epirus, who lived in the 3rd century BCE.

Spell: recompense (noun) /ˈrɛkəmpɛns/
Definition: Compensation or payment given as a reward or in return for something, especially loss or injury.
Example Sentence: "Adequate recompense eased the pain of the accident."
Word origin: The noun 'recompense' has its origins in Old French, where it was spelled as 'recompens.

Spell: recoup (verb) /rɪˈkuːp/
Definition: To regain or recover something that has been lost, such as money, resources, or time.
Example Sentence: "They aim to recoup their losses through strategic business decisions."
Word origin: The verb 'recoup' has its etymological roots in Old French and Latin.

Spell: reimburse (verb) /ˌriːɪmˈbəːs/
Definition: To compensate someone for expenses or losses they have incurred.
Example Sentence: "Please keep your receipts for us to reimburse you."
Word origin: The verb 'reimburse' has its etymological roots in Latin and Old French.

Spell: 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: "The company sent a timely remittance to cover the outstanding invoice."
Word origin: The noun 'remittance' has its etymological origins in Latin and Old French.

Spell: remunerate (verb) /rɪˈmjuːnəreɪt/
Definition: To pay or give other compensation in exchange for work or services rendered.
Example Sentence: "Skilled professionals deserve to be remunerated appropriately for their expertise."
Word origin: The verb 'remunerate' has its etymological roots in Latin.

Spell: remuneration (noun) /rɪˌmyu nəˈreɪ ʃən/
Definition: The compensation or payment received in exchange for work, services, or employment.
Example Sentence: "The CEO's remuneration was under scrutiny due to its exorbitant amount."
Word origin: The noun 'remuneration' has its etymological roots in Latin.

Spell: 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: "In the treaty, reparation was a primary clause."
Word origin: The noun 'reparation' is rooted in Latin, deriving from the word 'reparatio.

Spell: revenue (noun) /ˈrɛvəˌnu/
Definition: The income or earnings generated by a business or organization through the sale of goods or services.
Example Sentence: "The government implemented a tax reform to boost revenue and fund public services."
Word origin: The noun 'revenue' has its etymological origins in Latin.

Spell: 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: "Her stipend covers living expenses during the internship."
Word origin: The noun 'stipend' has its etymological roots in Latin.

Spell: thrifty (adjective) /ˈθrɪfti/
Definition: Having a prudent and economical approach to managing resources, expenses, and finances.
Example Sentence: "Thrifty individuals budget meticulously and avoid overspending."
Word origin: The adjective 'thrifty' has its etymological roots in Middle English and Old Norse.