If I owe you money, then I need to remunerate you. To remunerate is to pay money that is owed.

It's nice to be remunerated — that means someone paid you money that was owed. If an employer makes you work overtime, they will need to remunerate you for that. If you lost your dog, offered a reward, and then someone found the dog, that person should be remunerated. When you see remunerate, think "giving someone money they deserve."

Definitions of remunerate
  1. verb
    make payment to; compensate
    “My efforts were not remunerated
    synonyms: compensate, recompense
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    recoup, reimburse
    reimburse or compensate (someone), as for a loss
    type of:
    give money, usually in exchange for goods or services
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