WordNet sense 1 (make up for shortcomings or a feeling of inferiority by exaggerating good qualities):

cover, overcompensate

WordNet sense 2 (adjust for):

correct, counterbalance, make up, even up, even off, even out

WordNet sense 3 (make reparations or amends for):

redress, right, redress

WordNet sense 4 (do or give something to somebody in return):

pay, pay off

WordNet sense 5 (make amends for; pay compensation for):

indemnify, recompense, repair, repair

WordNet sense 6 (make payment to; compensate):

remunerate