Although frequently utilized as an alternative to punishment, monetary compensation has been largely under-researched in the third-party intervention literature. The existing work typically treats compensation as purely instrumental, as "reparations" for the victim's material losses; and when used in response to non-material losses (e.g., suffering or loss of life), research suggests that money elicits "taboo tradeoff" reactions, outrage at placing a price on sacred values. My research in this domain challenges both the belief that monetary compensation represents a "taboo tradeoff", and the dominant assumption that material concerns underlie preferences for and reactions to compensation as an injustice response. Rather, I suggest that monetary reparations from ingroup authorities may be satisfactory to a victim because compensation communicates symbolic meaning that helps to addresses an injustice victim’s psychological needs.