👉 Compensated is a term that refers to an arrangement or agreement in which one party receives something of value in exchange for another party's services, work, or assistance. This can be through money, property, or other forms of compensation. For example: 1. A person may receive a higher salary than they would if they were employed by the same company. 2. A student may receive tuition reimbursement from their school as part of an academic scholarship program. 3. An employee may receive additional benefits