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
The Pac-12 knew about the overpayments, which totaled about $72 million, but did not correct the matter until Comcast realized the mistake and contacted the Pac-12 in the fall of 2022.
—Jon Wilner, The Mercury News, 23 May 2024
Ann Lewandowski, a J&J employee, sued the company for overpaying for its employees’ prescription drugs through its PBM, Express Scripts, claiming that these overpayments resulted in higher health insurance premiums and out-of-pocket drug costs for employees.
—Jake Frenz, STAT, 12 June 2024
Collection activities were paused in December 2022 as part of a court order for any claimant who filed for benefits on or after March 1, 2020, and who received an overpayment letter and appealed or protested the decision.
—Adrienne Roberts, Detroit Free Press, 11 June 2024
Social Security reported $4.6 billion in overpayments in fiscal year 2023.
—Joseph Shapiro, NPR, 8 June 2024
See all Example Sentences for overpayment 
Jon Wilner, The Mercury News, 23 May 2024
Ann Lewandowski, a J&J employee, sued the company for overpaying for its employees’ prescription drugs through its PBM, Express Scripts, claiming that these overpayments resulted in higher health insurance premiums and out-of-pocket drug costs for employees.
—Jake Frenz, STAT, 12 June 2024
Collection activities were paused in December 2022 as part of a court order for any claimant who filed for benefits on or after March 1, 2020, and who received an overpayment letter and appealed or protested the decision.
—Adrienne Roberts, Detroit Free Press, 11 June 2024
Social Security reported $4.6 billion in overpayments in fiscal year 2023.
—Joseph Shapiro, NPR, 8 June 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.
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Cite this Entry
“Overpayment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/overpayment. Accessed 15 Jul. 2024.
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