- definition
- noun form of recoup
verbrecoup (verb) · recoups (third person present) · recouped (past tense) · recouped (past participle) · recouping (present participle)- regain (something lost or expended):"rains have helped recoup water levels" · "sleep was what she needed to recoup her strength"
- regain (money spent or lost), especially through subsequent profits:"oil companies are keen to recoup their investment"
- reimburse or compensate (someone) for money spent or lost:"the company turned to the real estate industry to recoup them"
- lawdeduct or keep back (part of a sum due):"federal law allows them to recoup part of the damages"
Originearly 17th century (as a legal term): from French recouper ‘retrench, cut back’, from re- ‘back’ + couper ‘to cut’.Similar and Opposite Wordsverb- regain (something lost or expended):
- reimburse or compensate (someone) for money spent or lost:
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- Recoupment is a legal or financial term that means the recovery or deduction of money that was previously paid out or owed12345. Recoupment can be used as a defense to reduce a plaintiff's claim by an amount that the plaintiff owes the defendant from the same transaction25. Recoupment can also be used to recover past investments or losses by selling an asset or a part of it4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.noun 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.www.dictionary.com/browse/recoupment
Recoupment, generally, means the recovery or collection of money that was previously unduly paid out. More specifically, it can mean a defendant’s affirmative defense to reduce a plaintiff's claim by an amount the defendant argues that the plaintiff owes the defendant arising from the same transaction.
www.law.cornell.edu/wex/recoupmentRecoupment is a common law principle that dates back to the medieval era. The term is often used in the legal and financial contexts, and it is defined as the process of deducting losses or expenses from a sum of money owed, rather than paying the full amount.legal-explanations.com/definition/recoupment/Recoupment is the act of recovering past investments or losses by selling an asset or a part thereof so that the proceeds from the sale are sufficient to cover the investment or loss.thebusinessprofessor.com/business-transactions/r…recoupment n. the right of a defendant in a lawsuit to demand deduction from the amount awarded to plaintiff (party bringing the suit) a sum due the defendant from the plaintiff in the transaction which was the subject of the lawsuit.legal-dictionary.thefreedictionary.com/Recoupment WEBRecoupment is the process or fact of recouping, or getting back something lost or owed. It can also refer to a legal claim or defense based on a breach of contract or duty by the plaintiff.
See results only from merriam-webster.comRecoup Definition & Meaning
: to make good or make up for something lost. also : recuperate. recoupable. ri-ˈkü …
WEBMore specifically, it can mean a defendant’s affirmative defense to reduce a plaintiff's claim by an amount the defendant argues that the plaintiff owes the defendant …
WEBRecoupment definition: the act of regaining or getting something back, especially the equivalent of an amount invested, lost, etc.; recovery. See examples of RECOUPMENT …
Recoupment Definition - What Does Recoupment …
WEBRecoupment is the recovery of amount due to a person, by deducting the same from the amount owed to the other party. Learn how recoupment is used in legal and financial contexts, with examples and …
WEBRecoupment is a defense that goes to the foundation of plaintiff's claim by deducting from plaintiff's recovery all just allowances or demands accruing to the defendant with …
recoupment Definition, Meaning & Usage | Justia Legal Dictionary
WEBThe defendant's ability to have the plaintiff's claim reduced or nullified due to the plaintiff's breach of agreement or duty during the same event or transaction. A …
WEBRecoupment. To recover a loss by a subsequent gain. In Pleading, to set forth a claim against the plaintiff when an action is brought against one as a defendant. Keeping back …
WEBto get back money that has been spent or lost: It takes a while to recoup your initial costs when you begin a new business. (Definition of recoup from the Cambridge …
WEBRecoupment definition: A recovery of expenses; a reduction or withholding for legitimate reasons, of part or all of an owed amount; a defendant’s right to have part of the …
WEBRecoupment definition: the act of regaining or getting something back, especially the equivalent of an amount invested, lost, etc.; recovery. See examples of RECOUPMENT …
Recoupment - FindLaw Dictionary of Legal Terms
WEBrecoupment n. 1: the process or fact of recouping [ of expenses] 2 a: a keeping back of all or part of a sum sought by a plaintiff in the interest of equity see also equitable …
WEBThe recoupment methods are lump sum payment, a payroll deduction plan (up to 6 months), or a request for recoupment waiver ( only for "W" grades). If Soldiers do not …
What is Recoupment? - moderntreasury.com
WEBRecoupment refers to the recovery of spent or lost funds, especially in business operations. Recoupment is a way of recovering expenses by selling part or all of an …
§ 3-305. DEFENSES AND CLAIMS IN RECOUPMENT.
WEBDEFENSES AND CLAIMS IN RECOUPMENT. (a) Except as otherwise provided in this section, the right to enforce the obligation of a party to pay an instrument is subject to …
Recoupment - Explained - The Business Professor, LLC
WEBApr 20, 2024 · Recoupment is the act of recovering past investments or losses by selling an asset or a part thereof so that the proceeds from the sale are sufficient to …
Recoupment - Wikipedia
WEBRecoupment, in the music industry, is when a record label pays for a musical artist's expenses, such as for recording and marketing, and later deducts an equal amount …
Setoff and Recoupment in Bankruptcy: A Brief Overview
WEBAug 31, 2017 · Recoupment, which is not addressed by the Bankruptcy Code, is a common-law equitable principle which focuses on netting credit and debt that arise …
What is Recoupment? - Pension Rights Center
WEBJul 31, 2023 · The process of taking back overpayments is called “recoupment.” How does recoupment work? When a pension plan realizes that it has made a mistake and …
What Is Recoupment in Medical Billing? + How to Reduce It
WEBJul 15, 2023 · Recoupment is an automated process through which the affected parties recoup their overcharge. You, the healthcare provider, have 15 or fewer days to …
Recoupment of Claim Payments for Non-Covered Services …
WEBMay 11, 2023 · May 31, 2024. As explained in the January 17, 2024, e-message, MaineCare’s COVID-19 Uninsured Benefit was available for uninsured individuals …
Retirement and Pensions: What is Recoupment? | Texas Law Help
WEBJan 28, 2023 · When a pension plan realizes that it has made a mistake and has been overpaying a retiree, it typically reduces the retiree’s future monthly payments to the …
Overpayment and Recoupment - JE Part B - Noridian
WEBSep 1, 2023 · An overpayment occurs when too much has been paid to a provider and a refund to Medicare is necessary. Overpayments are either communicated to a provider …
Condition Codes - JE Part A - Noridian - Medicare Dec 20, 2020 Immediate Recoupment - JE Part B Feb 12, 2020 Forms - JF Part B - Noridian Oct 24, 2018 WEBMar 27, 2018 · Recoupment Frequently Asked Questions. Definitions. What is the auto loss recoupment surcharge? Answer: The auto loss recoupment surcharge is the method of …
Illinois General Assembly - Illinois Compiled Statutes
WEBSec. 901. Fraud - Repayment - Ineligibility. An individual who, for the purpose of obtaining benefits, knowingly. makes a false statement or knowingly fails to disclose a material …
WEBMar 11, 2024 · recoupment unless a prescription was not actually dispensed or a physician denied authorization of a dispensing order; • (A)(8): Audit each pharmacy under identical …
WEB3 days ago · The Company does not recover rate case expense and recoupment through a reconciling mechanism, as its natural gas affiliate does through the Local Distribution …
What Film Investors Should Ask Before Investing - Forbes
WEB2 days ago · And here are a couple of issues that many investors ask about but that really don’t matter: 1. It is not even worth reading the screenplay. As one film mogul famously …
WEBsubject to audit, corrective action, suspension of claims, and/or recoupment. For non-compliant providers, the suspension of claim payments may be imposed as early as …
Sens. Moran, Tester Demand Action on VA’s Misuse of PACT Act …
WEB2 days ago · WASHINGTON, D.C. – U.S. Senators Jerry Moran (R-Kan.) and Jon Tester (D-Mont.) – the ranking member and chairman of the Senate Veterans’ Affairs …