Remuneration – the act of paying or compensating

remuneration:
n. (15c)

1. Payment; compensation, especially for a service that someone has performed.

2. The act of paying or compensating. — remunerative. adj. — remunerate, vb. [1]

References:

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[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4

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