1. Payment or remuneration that is provided at a later time than originally agreed upon or expected
The employee received delayed compensation for the overtime work completed three months ago.
O funcionário recebeu compensação atrasada pelo trabalho de horas extras realizado três meses atrás.
2. In financial markets, a deferred payment or settlement arrangement
The contract stipulated delayed compensation for the services rendered.
O contrato estipulava compensação atrasada pelos serviços prestados.