A word that has a particular meaning when used in a particular field, such as law or medicine, and that has a different meaning or no meaning when used in ordinary speech; also called term of art. workers' compensation. N. A system of benefits provided by employers to employees who are injured on the job. Workers' Compensation Acts.N. Federal and state laws that regulate the awards given by employers to employees injured on the job, generally holding that an employer is strictly liable for al...