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Just Compensation |
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Just CompensationIn condemnation the amount paid to the property owner. The theory is that in order to be "just," the property owner should be no richer or poorer than before the taking.Just Compensation Similar MatchesCompensationCompensationArrangement under which the delivery of goods to a party is paid for by buying back a certain amount of the product from the recipient of the goods. Fee and commission compensationFee and commission compensationSee: Fee-based compensation CompensationCompensation1. The GATT principle that members who violate GATT rules must compensate other countries by lowering tariffs or making other concessions, or be subject to retaliation. 2. The actual or potential payment by the winners from a change in trade or other policy to the losers, intended to undo the harm to the latter. Actual compensation is rare, but the potential for compensation is used as the basis for most evaluations of the gains from trade. Financial Services Compensation SchemeFinancial Services Compensation SchemeThe Financial Services Compensation Scheme is the sole financial compensatory scheme. It was set up by the Financial Services Authority (FSA) in December 2001, and replaced:Building Societies Investor Protection SchemeDeposit Protection SchemeFriendly Societies Protection SchemeInvestors Compensation SchemePIA Indemnity SchemePolicyholders Protection Boardhttp://www.fscs.org.uk Fee based compensationFee based compensationPayment to a financial adviser of a set hourly rate, or an agreed-upon percentage of assets under management, for a financial plan. When the plan is implemented, the adviser may also receive commission on some or all of the investment products purchased, which would be fee-and-commission compensation. Further SuggestionsPartial compensationPensions Compensation Board Deferred compensation Investors Compensation Scheme Fee only compensation Full compensation |
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