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Liability vs Compensate - What's the difference?

liability | compensate |

As a noun liability

is the condition of being liable.

As a verb compensate is

to pay or reward someone in exchange for work done or some other consideration.

liability

English

Noun

(wikipedia liability) (liabilities)
  • the condition of being liable.
  • an obligation, debt or responsibility owed to someone.
  • * 1901 , , (w, The Monkey's Paw)
  • "I was to say that Maw and Meggins disclaim all responsibility," continued the other. "They admit no liability at all, but in consideration of your son's services they wish to present you with a certain sum as compensation."
  • a handicap that holds one back.
  • the likelihood of something happening.
  • Antonyms

    * asset

    Derived terms

    * enterprise liability * secondary liability * vicarious liability

    compensate

    English

    Verb

    (compensat)
  • To pay or reward someone in exchange for work done or some other consideration.
  • It is hard work, but they will compensate you well for it.
  • (ambitransitive) To make up for; to do something in place of something else; to correct, satisfy; to reach an agreement such that the scales are literally]] or ([[metaphor, metaphorically) balanced; to equalize or make even.
  • His loud voice cannot compensate for a lack of personality.
    To compensate me for his tree landing on my shed, my neighbor paved my driveway.
  • * Francis Bacon
  • The length of the night and the dews thereof do compensate the heat of the day.
  • * Prior
  • The pleasures of life do not compensate the miseries.
  • To adjust or adapt to a change, often a harm or deprivation.
  • I don't like driving that old car because it always steers a little to the left so I'm forever compensating for that when I drive it. Trust me, it gets annoying real fast.
    To compensate for his broken leg, Gary uses crutches.

    Derived terms

    * compensation * compensatory * recompense * recompensate

    Synonyms

    1. To pay * guerdon * reimburse to pay back 2. To make up for, correct, satisfy, or equalize, to balance the scales, to equalize or make even.
    * equate * offset * redeem * accord * reconcile * harmonize * atone * indemnify * requite * rectify * level * resolve * * amend * expiate * redress * remedy * remunerate * appease * restitute and restitution
    3. To adjust to a change.
    * acclimatize and acclimate * accommodate * accustom * adapt * accord * counterbalance * counteract * integrate * attune