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To offset; counterbalance.
(verb-transitive)
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To make satisfactory payment or reparation to; recompense or reimburse: Management compensated us for the time we worked.
(verb-transitive)
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To stabilize the purchasing power of (a monetary unit) by changing the gold content in order to counterbalance price variations.
(verb-transitive)
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To serve as or provide a substitute or counterbalance.
(verb-intransitive)
American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.