- 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 recovery or collection of money that was previously unduly paid out12. It is also a legal term that refers to a defendant's demand arising from the same transaction as the plaintiff's claim, to reduce or offset that claim342. Recoupment can be used in the interest of equity or as an affirmative defense42.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Generally speaking, recoupment refers to a recovery of expenses. The term has several implications. In the context of investments made by a business in areas such as research and development, recoupment means a direct or indirect recovery of the investment through remunerative undertakings such as product sales or licensing agreements.thebusinessprofessor.com/business-transactions/r…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/recoupment
Recoupment 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 proper liability on the amounts owed.
definitions.uslegal.com/r/recoupment/Legal Definition of recoupment. 1 : 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.
www.merriam-webster.com/legal/recoupment WEBnoun. : a keeping back of all or part of a sum sought by a plaintiff in the interest of equity see also equitable recoupment. : a reduction in damages because of a demand by the defendant arising out of the same occurrence or transaction.
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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 action of regaining or making up for a loss. The retention of part or all of an amount by a defendant to ensure justice. A decrease in the payout to a plaintiff due to an associated claim from the defendant based on the same event or transaction.
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.
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 …
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.
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 ...
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.
Recoup Definition & Meaning - Merriam-Webster
WEB: to make good or make up for something lost. also : recuperate. recoupable. ri-ˈkü-pə-bəl. adjective. recoupment. ri-ˈküp-mənt. noun. Synonyms.
WEB1. Actions for Recoupments. a. Soldiers who receive an email notification or ArmylgnitED message about a required recoupment action for a tuition assistance (TA) or credentialing assistance (CA)...
§ 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 the following:
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.
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.
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.
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.
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 …
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.
Difference between Refund and Recoupment in Medical Billing
WEBMar 20, 2024 · Recoupment in healthcare is the compensation for the losses incurred – resulting from paying extra amounts than the amount payable for provided care services. In healthcare insurance billing, recoupment payment covers losses owing to the collisions of two stakeholders.
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.
Recoupment Definition: 394 Samples | Law Insider
WEBRecoupment means the repayment of an overpayment by a payment from the client or provider or both. Sample 1 Sample 2 Sample 3. Based on 39 documents. Examples of Recoupment in a sentence.
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.
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 …
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
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 ...
VA Secretary Asked to Resign by Former Navy SEAL Lawmaker …
WEB11 hours ago · Related: Senators Demand Recoupment of $10.8 Million, Dismissal of VA Officials Who Authorized Executive Bonuses. Story Continues. Related Topics: ...