Recompense

[ rek-uhm-pens ]

verb

make amends to (someone) for loss or harm suffered; compensate.

noun

compensation or reward given for loss or harm suffered or effort made.

Examples of recompense in a sentence:

Allen was seeking recompense from the drunk driver so he could purchase a new car.
Although I am in favor of the young man having to pay me recompense for my slashed tire, I do not want him to go to jail for the crime.