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.
Wiktionary (4.00 / 1 vote) Rate this definition: compass rose (Noun). (Navigation) A graduated circle, usually marked in degrees, indicating directions and printed or inscribed on an appropriate medium.oday, the idea of a compass rose is found on, or featured in, almost all navigation systems, including nautical charts, non-directional beacons, VHF omnidirectional range systems, global-positioning systems, and similar equipment and devices.