Simple English definitions for legal terms
Read a random definition: completed-contract accounting method
Term: RECOMPENSE
Definition: Recompense means to make up for something that was lost or taken away. It can also mean to pay someone back for something they did or to give them something in return for their work or effort. For example, if someone accidentally breaks your favorite toy, they might give you a new one as recompense.
Definition: Repayment, compensation, or retribution for something, especially an injury or loss.
Example: The company offered a financial recompense to the customers affected by the faulty product.
Explanation: In this example, the company is offering compensation to the customers who suffered a loss due to the faulty product. The compensation is a form of recompense for the customers' inconvenience and financial loss.