Partial compensationIncomplete payment for the delivery of goods to one party by buying back a certain amount of product from the same party.
Pensions Compensation BoardPensions Compensation Board
An independent body set up on 6th April 1997 which pays compensation to individuals where money has been taken dishonestly from occupational pension scheme funds and the employer had become insolvent.
Just CompensationJust Compensation
In 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.
Fee only compensationFee only compensation
Payment to a financial adviser of a set hourly rate, or an agreed-upon percentage of assets under management, for a financial plan.
Financial Services Compensation SchemeFinancial Services Compensation Scheme
The 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
Full compensationFull compensation
Payment for delivery of goods to one party by buying back more than 100 % of the value that was originally sold.
Fee based compensation
Fee and commission compensation
Investors Compensation Scheme