Which of the following describes a situation where a convicted individual pays a victim for their losses?

The situation where a convicted individual pays a victim for their losses is best described by the term "restitution." Restitution involves a court-ordered compensation that a defendant is required to pay the victim of their crime. This payment is meant to cover the financial damages that the victim incurred as a direct result of the offense.

Restitution serves a dual purpose: it helps the victim recover some of their losses and reinforces the idea of accountability for the offender. This concept is crucial in the criminal justice system, as it encourages rehabilitation and acknowledges the harm caused to the victim, making it an essential element in restorative justice practices.

Other terms, such as parole and probation, refer to different aspects of the criminal justice process. Parole involves the release of a prisoner before the full sentence is served, often under specific conditions. Probation, on the other hand, is a court-ordered period of supervision over an offender instead of serving time in prison. Booking typically refers to the process of documenting an individual's arrest and charges rather than any financial compensation to a victim. Thus, the correct description of the situation where a convicted individual compensates a victim for their losses is restitution.