Skip to main content
Glite Dictionary
overpayment

overpayment

4 3.2
An amount paid that is more than you should pay
  • noun
  • /ˌoʊvərˈpeɪmənt/
translation icon : pago excesivo
  • The overpayments on child support, braces, medical, and college don't mean a thing to her.

Examples

  • The company issued a notice about the overpayment, asking employees to return the excess funds.

  • About half of that $716 billion addresses issues such as overpayments to Medicare Advantage plans and home health providers.

    Blog text (25)

  • Anything more than that is overpayment and not worth it.

    Blog text (27)

  • If benefits have already been paid on a claim, losing an appeal can result in an overpayment assessment.

    Blog text (18)

  • The overpayments end up right here.

    Edison (2005)

  • I recently got an overpayment penalty for 1200 bucks.

    Blog text (29)

  • Zimmerman claims that the agency has since cut overpayments to about 3 percent of distributed aid.

    Blog text (19)

  • $145 billion saved over a period of ten years by phasing out overpayments to Medicare Advantage.

    Blog text (25)

  • The IRS admits that as much as $9.9 billion is wasted annually through earned income tax credit overpayments.

    Blog text (30)

  • Refundable tax credits, like payments, are applied towards a person's tax obligations, and any overpayments are refunded back to the taxpayer.

    Blog text (29)

Synonyms

overage
vsoverpayment
3 6.8

An amount of money or goods that is more than expected

refers specifically to paying too much or the extra sum paid
overplus
vsoverpayment
  • Archaic
9.8

An amount that is more than is needed, often extra food or goods

is about paying too much money or the extra amount paid

Antonyms

underpayment
1 5.5

Giving someone less money than they should get

How Much

surplus
192 3.1
overpayment
4 3.2
payment
805 1.0
underpayment
1 5.5

Surface Forms

overpayment singular
overpayments plural

Morphology

overpayment = overpay (transparent) = over + pay + ment

The verb 'overpay' is a straightforward combination of 'over-' (excess) + 'pay', and adding '-ment' forms the noun indicating the action or result.

Etymology

The word overpayment comes from the prefix over- meaning 'too much', like in overcook or overtime, and payment, from pay meaning 'to give money'. So an overpayment is money you paid 'too much', an extra amount that must be returned.