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What does countervail mean?

Looking for the meaning or definition of the word countervail? Here's what it means.

Verb
  1. (obsolete) To have the same value as.
  2. To counteract, counterbalance or neutralize.
  3. To compensate for.
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Examples
Nothing doth countervail a faithful friend, and his excellency is unvaluable.
This was introduced about seven years ago, after some industries insisted on protection against imports to countervail the sales tax being paid on domestic products.
They don't want to hear about any programs or any of these because of the countervail issue.
I do assure you, there is no prince that loveth his subjects better, or whose love can countervail our love.
If I thought of it at all, it was as the agent of a necessity which I could not countervail.
And by bringing lots of regular people together, we can actually countervail the influence that big corporations have on American politics.

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