IPA: /dɪˈfreɪ/
KK: /dɪˈfreɪ/
To pay for something, especially costs or expenses.
The company will defray the travel expenses for all employees attending the conference.
Past: defrayed
Past Participle: defrayed
Defray is formed from "de-" (meaning down or away) and "fray" (from Old French *frais*, meaning expenses or costs). The word means to pay down or cover the costs of something.
Think of 'paying down' ('de-') the 'costs' ('fray') — that's what defray means.