Released
The future tense of the word punished is 'will have punished'.
campaign, vacation
The 8-letter word that fits the pattern "e-alese" is "estimate," which means to roughly calculate or approximate a quantity or value.
permit
The word "permit" can be a noun (My permit is posted on the wall.) or a verb (I cannot permit you to cut up my drivers' license.)
Permit"certify", "license" and "permit"
permit
The abstract noun form of the verb permit is permission.The word 'permit' is also a noun, a concrete noun, a word for a document granting authorization, a license; a word for a thing.
In trouble, punished.
punish
Reward is the opposite meaning of the word punishment.
A possible prefix for "punished" could be "un-," so the word would become "unpunished."