1
as in retrieving
to get again in one's possession
tried to recoup the $1,000 he had when he walked into the casino by risking his last dollar on a slot machine
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2
as in compensating
to provide (someone) with a just payment for loss or injury
you will have to submit the proper paperwork before the insurance company will recoup you for the damage to your vehicle
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3
as in recovering
to become healthy and strong again after illness or weakness
he's recouping at home after a bout of the flu
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Merriam-Webster unabridged
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