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Theory of compensation 

Theory that states in cases where a woman has small breasts, this is compensated for by her having a nice ass. This theory does not necessarily work in reverse.
"Ah, her tits are too small!"
"Yeah, but check out her ass."
"Hmm. Theory of compensation, eh."

compensation truck 

A truck with either, extra large wheels, raised body, smoke pipes or a combination of all 3 which are driven by guys (possibly women) who have small dicks. One's need to impress ladies is done with the ridiculous truck size that attracts attention away from the lack of size in other places, or place. Thus compensation trucks are used exactly for, compensating.
Dan: I just bought this new truck, it's raised. Im hoping that girls won't notice my small dick as much anymore now that i gots this HUGE truck!

Joe: Dude, that shit works soo well, my truck gets all the ladies. Im buying smoke stacks, here cumm the ladies ;)

("Ladies" walking by)
Lady 1: HA HA HA! Look at those stupid compensation trucks...LOSERSSS
Lady 2: We all know what they're compensating for.

compensation

way of making up for your small cock
see truck
he's compensating for his small cock with that big-ass truck
compensation by Cliff Hopper March 28, 2003

Stoners Compensation 

Basically a metaphorical liscence given to you when you are completely baked. Usually used when playing games such as pool and you make the stupidest mishits eg: accidently nudging the white (or any ball if you're really fucked).
It's a good liscence that you need for silly fuck-ups whilst stoned.
How do you obtain Stoners Compensation?
Simply say it immediatley after any fuck-up and your friends will agree with you if it actually was due to being stoned and not just pure stupidity.
Pool Game
(White misses every ball at the break)
Hippy1: shit! Stoners Compensation!
Hippy2: yeaaahh man haha fair enough
Hippy3: yeah take it again dude

Street
Poseur bumps into hippy
Poseur: Oh! Sorry heehee, dude I'm like, so stoned out right now! Stoners Compensation, right?
Hippys: .....
Poseur: uhhh...
A Beating occurs (chains and belts included)
Stoners Compensation by Dimedude December 19, 2007

Hair Compensation Syndrome 

Where someone who is going bald grows more hair out on the sides of their head to cover it up, or compensates for it with distracting facial hair. ie:very large sideburns, huge mustaches,goatees, etc.
"Look at that old dude's huge burns! Classic case of hair compensation syndrome."

compensation car 

A car, usually a Hummer or Jaguar, that identifies that a man is covering up for his small penis.
Yesterday I saw my Asian co-worker run crying out of work, the next day he bought a hummer. Clearly a compensation car.
compensation car by Redneck Prep December 9, 2010