The phrase "accept compensation for" is correct and usable in written English.
It can be used in contexts where someone is agreeing to receive payment or reimbursement for a service, loss, or inconvenience.
Example: "The company is willing to accept compensation for the damages caused during the construction process."
Alternatives: "receive payment for" or "take reimbursement for".
Many of them have expressed the view that while they might accept compensation for the air attack, they did not necessarily favor sanctions on Libya being lifted.
Under Islamic law, the families of the children may accept compensation for the injury and express forgiveness, which would lead to the dismissal of the cases.
To persuade Campbell to accept compensation for plunging in to advise one of his startups, Marc Andreessen, knowing Campbell was a devoted Democrat, threatened to donate monies to the Republican Party.
If the plan is approved, high school and college athletes will be able to accept compensation for teaching lessons and prize money from the United States Olympic Committee for winning medals.
This week, Planned Parenthood President Cecile Richards announced that the group would continue to donate tissue for medical research but would no longer accept compensation for storing and delivering the specimens.
If effects are constrained to private goods and services, then their prices should reflect an individual's willingness to pay and a producer's willingness to accept compensation for those goods and services.
NBA supporters have physically attacked local people who accepted compensation for moving.
But imagine yielding to the "superior dominion of the sovereign power" (as one online dictionary describes government officialdom), and accepting compensation for your loss, only to discover that the "sovereign power" merely preferred to install a big-box store on Main Street, on a giant site that once housed your business as well as many others.
In 1999, when the media revealed that Amazon was accepting compensation from publishers for its purportedly independent book reviews, it reversed course immediately.
In a village some way further south, a farmer had become a martyr and a hero to his neighbours for shooting a wolf rather than accepting compensation from the government for the livestock that it took.
The villagers refuse to accept compensation until they get justice.
