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View synonyms for recoupment

recoupment

[ ri-koop-muhnt ]

noun

  1. the act of regaining or getting something back, especially the equivalent of an amount invested, lost, etc.; recovery:

    We’re relying on these key projects for recoupment of development costs and cash flow to fund further expansion.

  2. the act of paying someone back for an expense; reimbursement:

    The company was not entitled to any recoupment for the expense of employing counsel in connection with the alleged misconduct.

  3. Law. the act of withholding, with rightful claim, a portion of something due, as in exchange for an equivalent amount owed to the debtor by the creditor:

    The buyer’s obligation to pay all amounts in full is absolute and unconditional and not subject to any reduction, deferment, or recoupment for any reason.



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Word History and Origins

Origin of recoupment1

First recorded in 1715–25; recoup ( def ) + -ment ( def )
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Example Sentences

Only the intense cold and the necessity of recoupment and re-equipment caused them to retire to Omsk.

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