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
Investigators said the overpayments by North Lauderdale happened from January 2012 through September 2021.
—Lisa J. Huriash, Sun Sentinel, 3 July 2024
Underlying shares Customer deposits or overpayments Certificates of deposit
Credit balances
Refunds
Money orders
Safe deposit box contents
Indiana residents can search for unclaimed financial assets — such as deposits, overpayments, refunds and insurance proceeds — at indianaunclaimed.gov.
—Jenny Porter Tilley, The Indianapolis Star, 12 July 2024
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
See all Example Sentences for overpayment 
Lisa J. Huriash, Sun Sentinel, 3 July 2024
Underlying shares Customer deposits or overpayments Certificates of deposit
Credit balances
Refunds
Money orders
Safe deposit box contents
Indiana residents can search for unclaimed financial assets — such as deposits, overpayments, refunds and insurance proceeds — at indianaunclaimed.gov.
—Jenny Porter Tilley, The Indianapolis Star, 12 July 2024
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
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 17 Sep. 2024.
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