1.VerbTo do (something good) after (something bad) happens.
2.VerbTo pay or reward someone in exchange for work done or some other consideration.
"It is hard work, but they will compensate you well for it."
3.VerbTo make up for; to do something in place of something else; to correct, satisfy; to reach an agreement such that the scales are literally or (metaphorically) balanced; to equalize or make even.
"His loud voice cannot compensate for a lack of personality.; To compensate me for his tree landing on my shed, my neighbor paved my driveway."
4.VerbTo adjust or adapt to a change, often a harm or deprivation.
"I hate that old car because it steers a little to the left and I'm always compensating for that when I drive it.; To compensate for his broken leg, Gary uses crutches."