Term is related to Recent. Recent is a synonym of Late. Person can be Late. Person wants (to) Recover. 
Merit is a synonym of Earn. Earn is the opposite of Pay. Pay is related to Advance. Advance is a synonym of Raise. 
Term <--RelatedTo--> Recent <--Synonym--> Late <--HasProperty-- Person --Desires--> Recover 
Merit <--Synonym--> Earn <--Antonym--> Pay <--RelatedTo--> Advance <--Synonym--> Raise 