There are multiple definitions - click on the translation that matches your context.

erstatning

substantiv

full

pecuniary compensation

noun

Definitions of pecuniary compensation

English

money that is given for a loss or injury which has been suffered; damages

Nothing other than pecuniary compensation will be acceptable.

English

money that you are paid for doing a job or providing a service etc; wages; salary

In his inaugural address, Washington stated that he would "renounce pecuniary compensation" as president.