The Collaborative International Dictionary of English v.0.48:

Meed \Meed\, v. t.
   1. To reward; to repay. [Obs.] --Waytt.
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   2. To deserve; to merit. [Obs.] --Heywood.
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The Collaborative International Dictionary of English v.0.48:

Meed \Meed\ (m[=e]d), n. [OE. mede, AS. m[=e]d, meord; akin to
   OS. m[=e]da, OHG. miata, mieta, G. miethe hire, Goth.
   mizd[=o] reward, Bohem. & Russ. mzda, Gr. misqo`s, Skr.
   m[imac]dha. [root]276.]
   1. That which is bestowed or rendered in consideration of
      merit; reward; recompense.
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            A rosy garland was the victor's meed. --Spenser.
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   2. Merit or desert; worth.
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            My meed hath got me fame.             --Shak.
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   3. A gift; also, a bride. [Obs.] --Chaucer.
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WordNet (r) 3.0 (2006):

meed
    n 1: a fitting reward

Moby Thesaurus II by Grady Ward, 1.0:

78 Moby Thesaurus words for "meed":
   allotment, allowance, amends, apportionment, atonement, big end,
   bigger half, bit, bite, blood money, budget, carrot, chunk,
   commission, compensation, consideration, contingent, cut, damages,
   deal, desert, destiny, dividend, dole, due, end, equal share, fate,
   guerdon, half, halver, helping, honorarium, indemnification,
   indemnity, interest, lot, measure, merit, mess, modicum, moiety,
   part, percentage, piece, plum, portion, premium, price, prize,
   proportion, quantum, quittance, quota, rake-off, ration,
   recompense, recompensing, redress, remuneration, reparation,
   requital, requitement, restitution, retribution, return, reward,
   salvage, satisfaction, segment, share, slice, small share,
   smart money, solatium, stake, stock, wergild