Medical self-insurance is increasingly popular among small firms, say brokers and insurers. Small businesses see such plans as low-cost alternatives to regular coverage. Some critics see the self-insure trend as a threat to the Affordable Care Act.
noun. 1  The definition of a compass is a tool with two pointed legs connected by a hinge, one end with a writing device the other used as a stable pivot, used for drawing perfect circles and other things. 2  A compass is defined as a device with magnetic needles used for showing the direction one is facing.
The compass is used for navigation, location and direction. People use it to find their way, whether it is on a hiking trail or on a trip to a new location. It is an instrument composed of a suspended magnetic pointer that is attracted to the polarity of the North Pole.