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1. A sum of money paid in compensation for loss or injury
   - damages, indemnity, indemnification, restitution, redress, redressal [Asia]
    
2. Something done or paid in expiation of a wrong
   "how can I make amends";
   - reparation

1. Make amendments to
   "amend the document"
    
2. To make better
   "The editor amended the manuscript with his changes";
   - better, improve, ameliorate, meliorate, mend
    
3. Set straight or right
   "amend the inequities in salaries";
   - rectify, remediate, remedy, repair

Sounds like: emends

Type of: alter, atonement, change, compensation, correct, expiation, modify, propitiation, rectify, revise, right

Encyclopedia: Amends