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

vederlag

substantiv

full

compensation

noun

Definitions of compensation

money or some other form of payment given to a person to make up for a loss or an injury

Jersey oyster farmers are considering seeking compensation, claiming a deterioration in seawater quality has affected shellfish.

the money or other form of payment given in return for work

The Board has approved a new compensation package for directors consisting of salary, bonus and stock options.