What is reparation in english?Asked by: Craig Walker | Last update: 18 June 2021
Score: 4.9/5 (5 votes)
1a : a repairing or keeping in repair. b reparations plural : repairs. 2a : the act of making amends, offering expiation, or giving satisfaction for a wrong or injury. b : something done or given as amends or satisfaction.View full answer
Subsequently, question is, What is an example of reparation?
Reparation is defined as anything paid or done to make up for a wrongdoing, or the act of making up for a wrongdoing. An example of a reparation is money paid for an item broken in a store.
Subsequently, question is, What does reparation mean in history?. Reparations, a levy on a defeated country forcing it to pay some of the war costs of the winning countries. Reparations were levied on the Central Powers after World War I to compensate the Allies for some of their war costs.
Keeping this in consideration, What is another word for reparations?
SYNONYMS FOR reparation
1 indemnification, atonement, satisfaction, compensation. 3 renewal, renovate; repair.
When was the word reparation first used?
The first records of the word reparation come from the second half of the 1300s. It ultimately derives from the Latin verb reparāre, meaning “to repair.” The first records of the word being used to refer to compensation for war damages come from around the end of World War I.
War reparations are compensation payments made after a war by the vanquished to the victors. They are intended to cover damage or injury inflicted during a war. Generally, the term war reparations refers to money or goods changing hands, but not to the annexation of land.
The Treaty of Versailles (signed in 1919) and the 1921 London Schedule of Payments required Germany to pay 132 billion gold marks (US$33 billion [all values are contemporary, unless otherwise stated]) in reparations to cover civilian damage caused during the war.
On 31 December 2006, Britain made a final payment of about $83m (£45.5m) and thereby discharged the last of its war loans from the US. By the end of World War II Britain had amassed an immense debt of £21 billion.
Reparations can take numerous forms, including: individual monetary payments, settlements, scholarships, waiving of fees, and systemic initiatives to offset injustices, land-based compensation related to independence, apologies and acknowledgements of the injustices, token measures, such as naming a building after ...
Other provisions existed for blacks to acquire land, but they were ineffective. Prices under the Southern Homestead Act were too high for former slaves with almost no capital. The development of Black Codes and the use of year-long contracts to bind labor also made acquiring land nearly impossible.
The UK owes America 578.6 billion Euros America owes the UK 834.5 billion Euros Any economic downtown in the US -> China feels the pain because we are a major export market. The Chinese do own a lot of U.S. debt—about $1.1 trillion as of early 2020.
Though it lasted fewer than four years, World War II was the most expensive war in United States history. Adjusted for inflation to today's dollars, the war cost over $4 trillion and in 1945, the war's last year, defense spending comprised about 40% of gross domestic product (GDP).
Around £2.34bn is owed to the UK by 24 nations – including Sudan, Somalia and Zimbabwe – £825m of which is interest, UK Export Finance, which insures British business dealings abroad, has disclosed following a freedom of information request.
Germany is finally paying off World War I reparations, with the last 70 million euro (£60m) payment drawing the debt to a close. Interest on loans taken out to the pay the debt will be settled on Sunday, the 20th anniversary of German reunification.
Seeds of Hitler's rise
The so-called "guilt clause" of the 1919 Treaty of Versailles placed full blame for the war on Germany and ordered reparations of 132 billion German marks (roughly $400 billion in today's dollars).
For Japan, paying back its WWII reparations were more complicated. After WWII, it was estimated that by the Allies that Japan had lost 42 percent of its national wealth. ... In total, Japan's government agreed to make a payment of $6.67million to the International Red Cross, as compensation to former prisoners of war.
Some enslaved people received small amounts of money, but that was the exception not the rule. The vast majority of labor was unpaid.
Hitler's invasion of Poland in September 1939 drove Great Britain and France to declare war on Germany, marking the beginning of World War II.
The sum was eventually fixed in 1921 at some 6.6 billion pounds, a vast sum for the time, which many historians argue was beyond Germany's ability to pay.