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 The Pac-12 knew about the overpayments, which totaled about $72 million, but did not correct the matter until Comcast realized the mistake and contacted the Pac-12 in the fall of 2022. Jon Wilner, The Mercury News, 23 May 2024 Ann Lewandowski, a J&J employee, sued the company for overpaying for its employees’ prescription drugs through its PBM, Express Scripts, claiming that these overpayments resulted in higher health insurance premiums and out-of-pocket drug costs for employees. Jake Frenz, STAT, 12 June 2024 Collection activities were paused in December 2022 as part of a court order for any claimant who filed for benefits on or after March 1, 2020, and who received an overpayment letter and appealed or protested the decision. Adrienne Roberts, Detroit Free Press, 11 June 2024 Social Security reported $4.6 billion in overpayments in fiscal year 2023. Joseph Shapiro, NPR, 8 June 2024 See all Example Sentences for overpayment 

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 19 Jul. 2024.

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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