(Of a loss or hardship) for which compensation can be obtained.
- The defendant says such damage does not give rise to a compensable loss of the plaintiff in this action.
- In my opinion, any increased financing costs that are caused by the fact of litigation are not compensable losses, particularly where there is a procedure set out in the legislation for the interlocutory removal of the lien.
- Accordingly, it falls to tort law to attempt to determine whether this is a compensable loss.
Mid 17th century: French, from compenser, from Latin compensare 'weigh (something) against (another)'.
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