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What does compensated mean?

Looking for the meaning or definition of the word compensated? Here's what it means.

Verb
  1. simple past tense and past participle of compensate
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Examples
Road tax will be abolished and the loss of revenue will be compensated for with an additional surcharge on fuel.
While the altitude axis of an altazimuth mount may bend, the bending is constant and can be compensated by realignment of the tube or optics.
We compensated participants with movie tickets and raffles for prizes for the completion of measures and attendance at the workshop.
Although the no work no pay policy was in place throughout the strike, staff will also be compensated through extra payments in small allotments.
The kibbutzniks would then be compensated for this transaction at 51 percent of its value.
The two low magnetic field electric motors feature compensated stray fields and are each rated at 125kW for minehunting.

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