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English definition of “restitution”

restitution

noun [U]     /ˌrestɪˈtjuːʃən/ US   /ˌrestɪˈtuːʃən/
LAW payment made for damage or loss : demand/pay/seek restitution She was also ordered to pay restitution.make restitution to sb for sth The insurance company has a responsibility to make full restitution to the policyholders for their loss . They must pay more than $320,000 in restitution to certain customers .
formal the return of objects that have been stolen or lost : They are demanding the restitution of the stolen paintings to the museum .
(Definition of restitution noun from the Cambridge Business English Dictionary © Cambridge University Press)
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