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

Example Sentences

Recent Examples on the Web The overpayments were issued at the start of the COVID-19 pandemic when there was much confusion over who qualified for unemployment benefits. Asher Notheis, Washington Examiner, 26 Apr. 2023 The agency expects to send out waivers by April 29 to about 382,000 claimants who received overpayment letters, Julia Dale, the director of the agency, said at a joint state House and Senate Oversight Committee hearing held in Lansing to discuss the findings of a recent state audit. Adrienne Roberts, Detroit Free Press, 13 Apr. 2022 People who filed their taxes prior to the plan’s passage are possibly eligible for a refund on the overpayment of taxes on unemployment compensation. Leada Gore | Lgore@al.com, al, 29 July 2021 The overpayment totals may also rise, the GAO cautioned. Aimee Picchi, CBS News, 20 July 2021 Any resulting overpayment of tax will be either refunded or applied to other outstanding taxes owed, the IRS added. Jessica Menton, USA TODAY, 10 Apr. 2021 The state needs to recover overpayments to replenish the unemployment insurance fund that was depleted during the pandemic. Globe Columnist, BostonGlobe.com, 30 Mar. 2023 Three common issues with applicants led to overpayment determinations, according to the reports. al, 1 Aug. 2022 The pause will last until at least May 7 while the agency completes its review of claimant accounts that may qualify for overpayment waivers. Adrienne Roberts, Detroit Free Press, 8 Apr. 2022 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'overpayment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 10 Jun. 2023.

Legal Definition

overpayment

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

More from Merriam-Webster on overpayment

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