Payment of compensation for damage or loss; reimbursing or making restitution for something broken or harmed.
窓を割ってしまったので、弁償します。
I broke the window, so I'll pay for the damage.
彼は自分の車が引き起こした事故の弁償金を支払った。
He paid compensation for the accident caused by his car.
保険に入っていなければ、弁償は自己負担になることが多い。
If you don't have insurance, compensation is often paid out of your own pocket.