compensation money; reparations; indemnity
Refers to money paid to compensate for damage, loss, or injury. Often used in legal, insurance, or formal contexts.
We paid compensation to the accident victim.
The amount of compensation was decided in court.
補償金 is broader, covering compensation for losses or expenses, not necessarily due to wrongdoing.
Compound of 弁償 (reparation, compensation) + 金 (money). The exact historical derivation is straightforward.