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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 - People also ask
- 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"Similar:
- 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’. Recoupment Definition & Meaning | Merriam-Webster Legal
Web1. : the process or fact of recouping. recoupment 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 recoupment. b. : a reduction in damages because of a demand by the defendant arising out of the …
See results only from merriam-webster.comRecoup
2. : regain. an attempt to recoup his fortune. intransitive verb. : to make good or …
recoupment | Wex | US Law | LII / Legal Information Institute
WebRecoupment, 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 …
RECOUPMENT Definition & Meaning | Dictionary.com
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 legal definition of Recoupment
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 …
recoupment Definition, Meaning & Usage | Justia Legal Dictionary
Webrecoupment - The action of regaining or making up for a loss.
Recoupment - FindLaw Dictionary of Legal Terms
Webterm: Recoupment. recoupment 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 …
Recoupment Definition - What Does Recoupment …
WebRecoupment 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 …
Recoupment Law and Legal Definition | USLegal, Inc.
WebRecoupment is the setting forth of a demand arising from the same transaction as the plaintiff's claim, to abate or reduce that claim. It is the means used to determine the …
RECOUPMENT Definition & Usage Examples | Dictionary.com
WebRecoupment definition: the act of regaining or getting something back, especially the equivalent of an amount invested, lost, etc.; recovery. See examples of RECOUPMENT …
RECOUP | definition in the Cambridge English Dictionary
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 Academic …
What is Recoupment? - moderntreasury.com
WebRecoupment is a way of recovering expenses by selling part or all of an asset, taking legal action, or pursuing other means. The term means different things within different …
Recoupment Definition & Meaning | YourDictionary
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 …
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 …
67. Setoff and Recoupment in Bankruptcy -- Recoupment
WebFeb 19, 2015 · Recoupment is the setting up of a demand arising from the same transaction as the plaintiff's claim, to abate or reduce that claim. Recoupment, a …
Webrecoupment 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 process one of …
Recoupment - definition of recoupment by The Free Dictionary
Web1. a. To get back; recover or regain: recoup a loss; recoup one's dignity. b. To gain an amount equal to (an outlay or investment): expected to recoup the development costs in …
recoup verb - Definition, pictures, pronunciation and usage notes ...
Webrecoup something to get back an amount of money that you have spent or lost synonym recover. We hope to recoup our initial investment in the first year. The firm is …
Recouping Separation Pay from U.S. Service Members and …
WebFeb 7, 2022 · Recouping Separation Pay from U.S. Service Members and Veterans Who Later Receive Veterans Affairs Disability Compensation. Published Feb 7, 2022. by …
Recoupment - Explained - The Business Professor, LLC
WebApr 15, 2022 · 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 …
Difference between Refund and Recoupment in Medical Billing
WebMar 20, 2024 · Recoupment is when an insurance company or a governmental agency steps in to recover an overpayment made to a healthcare practitioner. These …
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 has …
WebMar 27, 2018 · Definitions. What is the auto loss recoupment surcharge? Answer: The auto loss recoupment surcharge is the method of recovering the NC Reinsurance Facility …
Recoupment of Social Security Benefit Overpayments Is Barred …
Web3 hours ago · Recoupment of Social Security Benefit Overpayments Is Barred as a Setoff. Medicaid overpayments may be recovered as ‘recoupment’ while Social Security …
Webcompensation or recoupment of payment already made. 10. Each per session employee is required to submit a time sheet for service that was performed during the prior per …
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