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Welfare vs Compensation - What's the difference?

welfare | compensation |

As nouns the difference between welfare and compensation

is that welfare is health, safety, happiness and prosperity; well-being in any respect while compensation is the act or principle of compensating.

welfare

English

Noun

  • (uncountable) Health, safety, happiness and prosperity; well-being in any respect.
  • * , chapter=19
  • , title= The Mirror and the Lamp , passage=Nothing was too small to receive attention, if a supervising eye could suggest improvements likely to conduce to the common welfare . Mr. Gordon Burnage, for instance, personally visited dust-bins and back premises, accompanied by a sort of village bailiff, going his round like a commanding officer doing billets.}}
  • (uncountable, chiefly, US) Various forms of financial aid provided by the government to those who are in need of it (abbreviated form of Welfare assistance ).
  • Synonyms

    * income support, public assistance, social security

    Antonyms

    * evilfare * illfare * woefare * wofare

    See also

    * * ----

    compensation

    Noun

    (en noun)
  • The act or principle of compensating.
  • (Emerson)
  • That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense.
  • * Hallam
  • The parliament which dissolved the monastic foundations vouchsafed not a word toward securing the slightest compensation to the dispossessed owners.
  • * Burke
  • No pecuniary compensation can possibly reward them.
  • The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
  • A recompense or reward for some loss or service.
  • An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation.
  • The relationship between air temperature outside a building and a calculated target temperature for provision of air or water to contained rooms or spaces for the purpose of efficient heating. In building control systems the compensation curve is defined to a compensator for this purpose.
  • Synonyms

    * (act of compensating) restitution * (recompense or reward) restitution

    Derived terms

    * overcompensation