overpayment
noun
over·pay·ment
ˌō-vər-ˈpā-mənt 
plural overpayments
: payment that exceeds what is necessary
overpayment of taxes
… implemented electronic payrolls for all employees to prevent overpayment …—
Jocelyn Brumbaugh
Jocelyn 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
Samantha McCaughren Examples of overpayment in a Sentence
Recent Examples on the Web
Now the system has been changed, those who receive social security payments are looking forward to seeing more of their money next year, despite any accidental overpayments previously.
—Thomas G. Moukawsher, Newsweek, 2 Dec. 2024
Any offer sheet thrown the Oilers’ way for Broberg was going to be an overpayment.
—Shayna Goldman, The Athletic, 13 Aug. 2024
Claimants and class members will be issued a new notice of their rights to request a waiver of overpayment before any collection activity occurs.
—Adrienne Roberts, Detroit Free Press, 29 Apr. 2024
The reforms the Biden administration has put in place stopped the inappropriate denials of care and decreased the $140 billion per year that Big Insurance gets in overpayments from the federal government from Medicare Advantage.
—Matt Robison, Newsweek, 21 Nov. 2024
See all Example Sentences for overpayment 
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Thomas G. Moukawsher, Newsweek, 2 Dec. 2024
Any offer sheet thrown the Oilers’ way for Broberg was going to be an overpayment.
—Shayna Goldman, The Athletic, 13 Aug. 2024
Claimants and class members will be issued a new notice of their rights to request a waiver of overpayment before any collection activity occurs.
—Adrienne Roberts, Detroit Free Press, 29 Apr. 2024
The reforms the Biden administration has put in place stopped the inappropriate denials of care and decreased the $140 billion per year that Big Insurance gets in overpayments from the federal government from Medicare Advantage.
—Matt Robison, Newsweek, 21 Nov. 2024
See all Example Sentences for overpayment
Dictionary Entries Near overpayment
Cite this Entry
“Overpayment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/overpayment. Accessed 21 Dec. 2024.
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