Definition of “exploit” - Learner’s Dictionary

exploit

verb [ T ] us uk /ɪkˈsplɔɪt/
TREAT UNFAIRLY

B2 to not pay or reward someone enough for something:

[ often passive ] I felt as though I was being exploited.
USE

B2 to use or develop something for your advantage:

We are not fully exploiting all the resources that we have.
exploitation noun [ U ] us uk /ˌeksplɔɪˈteɪʃən/

the exploitation of child workers

(Definition of “exploit verb” from the Cambridge Learner's Dictionary © Cambridge University Press)