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comp (n.)

"complimentary ticket," 1885, short for complimentary. Meaning "nonpaying guest" is attested by 1930s; generalized to "anything given free" by 1960s. As a verb, by 1974. Related: Comped; comping. As a shortening of compensation (especially worker's/workman's) it was in use by 1970s.

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Definitions of comp from WordNet

comp (n.)
an intensive examination testing a student's proficiency in some special field of knowledge;
she took her comps in English literature
Synonyms: comprehensive examination / comprehensive
From wordnet.princeton.edu