Recoupment definition

A recovery of what had been lost.
noun
3
0
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.
noun
1
0
Advertisement

Other Word Forms

Noun

Singular:
recoupment
Plural:
recoupments

Origin of recoupment

  • From recoup +"Ž -ment

    From Wiktionary