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Meaning of “restitution” in the English Dictionary

"restitution" in British English

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restitutionnoun [U]

uk   /ˌres.tɪˈtʃuː.ʃən/  us   /ˌres.təˈtuː.ʃən/
formal the ​return of ​objects that were ​stolen or ​lost: They are ​demanding the restitution ofancienttreasures that were ​removed from the ​country in the 16th ​century.
specialized law payment made for ​damage or ​loss: The ​chemicalcompanypromised to makefull restitution to the ​victims for the ​injury to ​theirhealth.
(Definition of restitution from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"restitution" in American English

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restitutionnoun [U]

 us   /ˌres·tɪˈtu·ʃən/ law
payment for ​damage or ​loss of ​property, or the ​return of ​itemsstolen or ​lost: The ​company has ​agreed to make restitution of $44,930 and to ​pay an ​equalfine.
(Definition of restitution from the Cambridge Academic Content Dictionary © Cambridge University Press)

"restitution" in Business English

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restitutionnoun [U]

uk   /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 ​insurancecompany has a ​responsibility to make ​full restitution to the policyholders for their ​loss. They must ​pay more than $320,000 in restitution to ​certaincustomers.
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 from the Cambridge Business English Dictionary © Cambridge University Press)
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“restitution” in Business English

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