overpayment

noun

over·​pay·​ment ˌō-vər-ˈpā-mənt How to pronounce overpayment (audio)
plural overpayments
: payment that exceeds what is necessary
overpayment of taxes
… implemented electronic payrolls for all employees to prevent overpaymentJocelyn Brumbaugh
also : an amount that is paid in excess
… two taxpayers could not get refunds of tax overpayments dating back more than four years … Samantha McCaughren

Examples of overpayment in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Around a million Americans get overpayment notices every year, leading to roughly $23 billion in uncollected overpayments. John Yoo and John Shu, Newsweek, 23 Jan. 2025 Benefit verifications, processing overpayments and new card issuance would also be affected. Marley Jay, NBC News, 19 Dec. 2024 Florida sues Miramar company to recover $5.8 million COVID overpayment. Adam Lichtenstein, Sun Sentinel, 10 Jan. 2025 Without proper checks, the airport can't guarantee contract terms are followed, raising the risk of overpayments. Alayna Alvarez, Axios, 6 Jan. 2025 See all Example Sentences for overpayment 

Word History

First Known Use

1585, in the meaning defined above

Time Traveler
The first known use of overpayment was in 1585

Dictionary Entries Near overpayment

Cite this Entry

“Overpayment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/overpayment. Accessed 2 Feb. 2025.

Legal Definition

overpayment

noun
over·​pay·​ment
ˈō-vər-ˌpā-mənt
: payment in excess of what is due

More from Merriam-Webster on overpayment

Last Updated: - Updated example sentences
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