- 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
: 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 arising from the same transaction. Also referred to as equitable recoupment or, in civil law jurisdictions, reconvention.
recoupment - Meaning in law and legal documents, Examples …
WEBRecoupment is a legal term that refers to the ability of a defendant to reduce or offset a plaintiff's claim by an amount the defendant believes the plaintiff owes them. It's a way for the defendant to recover money that was previously paid out or owed to the plaintiff.
WEBRecoupment definition: the act of regaining or getting something back, especially the equivalent of an amount invested, lost, etc.; recovery. See examples of RECOUPMENT used in a sentence.
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 retaliatory claim that results from the same event or transaction as the initial lawsuit. How to use "recoupment" in a sentence.
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 of something that is due, because there is an equitable reason to withhold it.
WEB: to make good or make up for something lost. also : recuperate. recoupable. ri-ˈkü-pə-bəl. adjective. recoupment. ri-ˈküp-mənt. noun. Synonyms.
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 respect to the same contract or transaction.
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 recoupment b: a reduction in damages because of a demand by the defendant arising out of the same occurrence or transaction c: the right of a defendant to have the claim ...
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 the plaintiff’s claim reduced as the result of a breach of contract by same in the course of the same deal.
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 process one...
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 Content Dictionary © Cambridge University Press) recoup | Business English. verb [ T ] uk / rɪˈkuːp / us. Add to word list.
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 asset, taking legal action, or pursuing other means.
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 correct amount and then seeks to recover—or recoup — the amounts that have been overpaid.
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 out of the same transaction.
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 from the artist's royalties, which are between 15 and 20 percent of sales revenue.
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 been overpaying a retiree, it typically reduces the retiree’s future monthly payments to the correct amount and then seeks to recover – or recoup – the amounts that have been …
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 cover the investment or loss. The practice of recoupment is most widespread in the music industry, where record labels use it to claim advances that they paid to (especially …
What is a recoupment? - TRICARE4U
WEBA: A recoupment is a request for refund when we overpay an account. Some of the most common reasons for a recoupment are: We are not aware of a patient’s other health insurance coverage. We paid the same charge more than once. We paid on a claim for an ineligible beneficiary. We paid the wrong health care provider or person.
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 recovering the NC Reinsurance Facility operating losses.
The Age of Recoupment - The American Prospect
WEB1 day ago · Enter the age of recoupment. Instead of cutting costs, the new mantra is raising prices. Price hikes are old as dirt. But today’s companies have reinvented them. They’re using a dizzying array of sophisticated and deceitful tricks to do something pretty darn simple: rip you off. The new tricks have fancy new names.
Overpayment and Recoupment - JE Part B - Noridian
WEBSep 1, 2023 · Immediate Recoupment - Medicare allows providers to sign up for Immediate Recoupment, a process which allows overpayments to be automatically recouped from currently processed and paid claims. View details.
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 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 respond to recoupment before the insurance company automatically pulls the money out of your practice’s account.
A Proactive Approach to Compliance: What Home Health
WEB1 day ago · We mirror the approach of governmental auditors, ensuring your agency is prepared for any scrutiny. Benefits of a Proactive Approach: Minimize Audit Risk: Identify and address vulnerabilities before they trigger audits. Reduce Costs: Avoid penalties and recoupment demands associated with non-compliance. Streamline Workflows: …
TRICARE Coverage Options for Your Adult Child (East Region)
WEB2 days ago · A: Your adult child may qualify to purchase TRICARE Young Adult (TYA) for extended coverage up to age 26.Another option is the Continued Health Care Benefit Program (CHCBP). CHCBP is a premium-based program that offers coverage for up to 36 months after the loss of TRICARE eligibility. If your child leaves college before their 23rd …
VA Secretary Asked to Resign by Former Navy SEAL Lawmaker …
WEB9 hours ago · Related: Senators Demand Recoupment of $10.8 Million, Dismissal of VA Officials Who Authorized Executive Bonuses. Story Continues. Related Topics: ...
2025 Rate Enhancement Attendant Compensation Information
WEBRate Enhancement programs are voluntary programs for Long-Term Services and Supports (LTSS) providers. Participating providers receive additional funding to their Medicaid direct care or attendant rates and agree to use that funding on compensation for direct care or attendant staff compensation. Program providers agree to spend funds to meet ...
WEBApr 29, 2024 · letter to providers related to this recoupment project includes the following: two listings of the claims being considered for recoupment; instructions for responding to the TPL/COB Recoupment Project; and BRSI contact information should the provider have questions. • The letter also explains our expectation that the provider attempts to bill