[
US
/ˈoʊvɝˌpeɪmənt/
]
[ UK /ˌəʊvəpˈeɪmənt/ ]
[ UK /ˌəʊvəpˈeɪmənt/ ]
NOUN
- the act of paying too much
- a payment larger than needed or expected
How To Use overpayment In A Sentence
- I've called and sent letters to get a refund of the overpayments and a meter change but it's an ongoing issue. The Sun
- Most providers no longer offer deals that allow mortgage overpayments to be borrowed back. Times, Sunday Times
- The court acknowledged that the school board could recover the salary overpayments by suing the teacher directly. Christianity Today
- The deals also allow overpayments and underpayments, which can be helpful around holiday times, or at periods of illness or maternity leave.
- The overpayment came to light when government officials double-checked the data from the 2001 Census.
- The general policy is to set off overpayments in the manner that is most advantageous to the taxpayer.
- About 20 current firefighters are each owed about $1,000 due to similar pension overpayments that the district has not returned.
- Most flexible mortgage lenders allow you to make overpayments by up to 10% each year.
- Steps are already being taken to recover the overpayment in full.
- And interest must be recalculated daily, so that any overpayments are immediately taken into account.