# Deficiency compensation

- Canonical URL: https://www.gerhardmerk.de/deficiency-compensation
- Post ID: 591296
- Modified: 2023-07-25T20:59:05+00:00
- Language: en

## Definition

Pay-as-you-go payment as wage indemnification (to indemnify = to compensate for damage or loss sustained) to employees who are unable to pursue their occupation due to weather conditions; in particular, bad weather allowance in the construction industry. - Payment made by a company or health insurance fund to insured persons in the event of sickness (sickness benefit, sick pay). - Insolvency pay - Payment made by an insurance company for a limited period, depending on the contract, in the event of loss of an object so that the insured can claim a substitute object, usually under motor vehicle insurance. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1