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1 definition found
 for Compensated balance
From The Collaborative International Dictionary of English v.0.48 :

  Compensation \Com`pen*sa"tion\, n. [L. compensatio a weighing, a
     balancing of accounts.]
     1. The act or principle of compensating. --Emerson.
        [1913 Webster]
  
     2. 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.
        [1913 Webster]
  
              The parliament which dissolved the monastic
              foundations . . . vouchsafed not a word toward
              securing the slightest compensation to the
              dispossessed owners.                  --Hallam.
        [1913 Webster]
  
              No pecuniary compensation can possibly reward them.
                                                    --Burke.
        [1913 Webster]
  
     3. (Law)
        (a) 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. --Bouvier.
            --Wharton.
        (b) A recompense or reward for some loss or service.
        (c) 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.
            [1913 Webster]
  
     Compensation balance, or Compensated balance, a kind of
        balance wheel for a timepiece. The rim is usually made of
        two different metals having different expansibility under
        changes of temperature, so arranged as to counteract each
        other and preserve uniformity of movement.
  
     Compensation pendulum. See Pendulum.
  
     Syn: Recompense; reward; indemnification; consideration;
          requital; satisfaction; set-off.
          [1913 Webster]

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