restitute

verb /ˈɹɛstɪtjuːt/

1. To restore (something) to its former condition.

   transitive

   Near-synonym: reinstitute (sometimes synonymous)

2. To provide recompense for (something).

   transitive

   Near-synonyms: repay, compensate, recompensate, recompense

3. To provide recompense for (something). — To refund.

   transitive

   (Mr Mukando): Mr Speaker, Sir, as a result of Government policy to control prices of certain agricultural products, the co-operative unions are annually allocated subsidy funds by Parliament to restitute them for the handling costs they incur while marketing and distributing those controlled commodities such as maize, sunflower, fertilisers and seeds.

Where it comes from

From Old French restituer, from Latin restituō (“replace, restore”).

Adapted from the Wiktionary entry restitute (CC BY-SA 4.0).

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