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
That, too, appears to have been a significant overpayment.
—Alex Sherman, CNBC, 26 July 2024
Even though funding would be restored when the reports were in order, MPS could get less than expected in the fall because of a previous overpayment tied to its accounting errors.
—Rory Linnane, Journal Sentinel, 24 June 2024
The agency has also voided hundreds of thousands of overpayment notices.
—Adrienne Roberts, Detroit Free Press, 29 Apr. 2024
This year’s version is another rob-Peter-to-pay-Paul maneuver that would remove $8.8 billion in overpayments of state aid from previous years from the budget and treat it, in effect, as a off-the-books loan to be written off over five years.
—Dan Walters, The Mercury News, 22 May 2024
See all Example Sentences for overpayment 
Alex Sherman, CNBC, 26 July 2024
Even though funding would be restored when the reports were in order, MPS could get less than expected in the fall because of a previous overpayment tied to its accounting errors.
—Rory Linnane, Journal Sentinel, 24 June 2024
The agency has also voided hundreds of thousands of overpayment notices.
—Adrienne Roberts, Detroit Free Press, 29 Apr. 2024
This year’s version is another rob-Peter-to-pay-Paul maneuver that would remove $8.8 billion in overpayments of state aid from previous years from the budget and treat it, in effect, as a off-the-books loan to be written off over five years.
—Dan Walters, The Mercury News, 22 May 2024
See all Example Sentences for overpayment
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'overpayment.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near overpayment
Cite this Entry
“Overpayment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/overpayment. Accessed 18 Aug. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share