Dictionary

overpayment en · NOUN

Etymology

From over- + payment.

Meanings

1. Payment exceeding the amount actually due.
   • The employer sued to recover overpayment of wages.
   • The Social Security Administration announced Friday that it will no longer automatically withhold 100% of the overpayment amount from recipients’ monthly benefits. Instead, it will collect 10% – or $10, whichever is greater – to recover the overpayment. […] The Social Security Administration recovered more than $4.9 billion in overpayments in fiscal year 2023 but still ended the year with a total balance of $23 billion in uncollected payments. 2024 March 29, Tami Luhby, “Social Security slashes amount of overpayments beneficiaries must pay back”, in CNN:

Forms

Antonyms

be behind with something · arrear · arrears · backlog

Relateds

overpay · underpayment

Translations (6)

fr trop-perçu (payment exceeding the amount actually due) · fr surpaye (payment exceeding the amount actually due) · de Überzahlung (payment exceeding the amount actually due) · de Überbezahlung (payment exceeding the amount actually due) · hu túlfizetés (payment exceeding the amount actually due) · pl nadpłata (payment exceeding the amount actually due)