Make good and Pay back

Make good verb - Act as promised.

Pay back and make good are semantically related in rebate topic. In some cases you can use "Pay back" instead a verb phrase "Make good", when it comes to topics like refund.

Pay back verb - Act or give recompense in recognition of someone's behavior or actions.

Make good and pay back are semantically related in rebate topic. Sometimes you can use "Make good" instead a verb "Pay back", if it concerns topics such as refund.