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compensate

verb [T] (PAY MONEY)
 
 /ˈkɑm·pənˌseɪt/

Definition

to pay someone money in exchange for work done, for something lost or damaged, or for some inconvenience: Our company tries to keep salaries low, and they compensate employees more with bonuses. compensatory  /kəmˈpen·səˌtɔr·i, -toʊr·i/ adjective
(Definition of compensate verb (PAY MONEY) from the Cambridge Academic Content Dictionary © Cambridge University Press)
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