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From: Webster's Revised Unabridged Dictionary (1913)

 Re·mu·ner·ate v. t. [imp. & p. p. Remunerated p. pr. & vb. n. Remunerating.]  To pay an equivalent to for any service, loss, expense, or other sacrifice; to recompense; to requite; as, to remunerate men for labor.
 Syn: -- To reward; recompense; compensate; satisfy; requite; repay; pay; reimburse.