From The Collaborative International Dictionary of English v.0.48:

Reward \Re*ward"\, n. [See Reward, v., and cf. Regard, n.]
   1. Regard; respect; consideration. [Obs.]
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            Take reward of thine own value.       --Chaucer.
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   2. That which is given in return for good or evil done or
      received; esp., that which is offered or given in return
      for some service or attainment, as for excellence in
      studies, for the return of something lost, etc.;
      recompense; requital.
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            Thou returnest
            From flight, seditious angel, to receive
            Thy merited reward.                   --Milton.
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            Rewards and punishments do always presuppose
            something willingly done well or ill. --Hooker.
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   3. Hence, the fruit of one's labor or works.
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            The dead know not anything, neither have they any
            more a reward.                        --Eccl. ix. 5.
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   4. (Law) Compensation or remuneration for services; a sum of
      money paid or taken for doing, or forbearing to do, some
      act. --Burrill.
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   Syn: Recompense; compensation; remuneration; pay; requital;
        retribution; punishment.
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From The Collaborative International Dictionary of English v.0.48:

Reward \Re*ward"\, v. t. [imp. & p. p. Rewarded; p. pr. & vb.
   n. Rewarding.] [OF. rewarder, another form of regarder, of
   German origin. The original sense is, to look at, regard,
   hence, to regard as worthy, give a reward to. See Ward,
   To give in return, whether good or evil; -- commonly in a
   good sense; to requite; to recompense; to repay; to
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         After the deed that is done, one doom shall reward,
         Mercy or no mercy as truth will accord.  --Piers
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         Thou hast rewarded me good, whereas I have rewarded
         thee evil.                               --1 Sam. xxiv.
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         I will render vengeance to mine enemies, and will
         reward them that hate me.                --Deut. xxxii.
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         God rewards those that have made use of the single
         talent.                                  --Hammond.
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