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The phrase "accept compensation" is correct and usable in written English.
It can be used in contexts where someone agrees to receive payment or reimbursement for services rendered or damages incurred.
Example: "After reviewing the terms of the settlement, I decided to accept compensation for the damages to my property."
Alternatives: "receive payment" or "take reimbursement".
Exact(41)
The villagers refuse to accept compensation until they get justice.
A few might return; others might sell; still others might accept compensation.
In both cases, the families agreed to accept compensation rather than pursue claims.
Campbell would later accept compensation in stock, which he deposited in his philanthropic foundation.
His brother, he admitted, now in a refugee camp in Jordan, had told him he would accept compensation.
It requires members to sign a code of ethics, pledging not to accept compensation on a percentage basis when raising money for charities.
Similar(18)
NBA supporters have physically attacked local people who accepted compensation for moving.
The majority of residents have accepted compensation or been moved to alternative housing about 1km away.
He said some residents had accepted compensation from the authorities and were trying to persuade others to do the same.
Second, the bill forbids anyone who sets up mortgages for customers from accepting compensation that would vary depending on the loan type.
The Investment Company Act prohibits fund employees from accepting compensation from outside sources who act on behalf of funds, like brokers who execute trades.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com