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Recoupment - Meaning, Definition & English Examples

Recoupment means recovering or regaining something lost, especially money or costs. It often refers to compensating for expenses or losses through repayment, reimbursement, or offsetting gains.

recoupment

/rɪˈkuːpmənt/ /rɪˈkuːpmənt/

Definition:

The act of regaining or recovering something, especially costs or losses.

Synonyms:

recovery, reimbursement, compensation, restitution

Part of Speech:

noun

Antonyms:

loss, forfeiture

Common Collocations:

financial recoupment, cost recoupment, legal recoupment

Derivatives:

recoup, recouped, recouping

Usage Tips:

Use "recoupment" in financial or legal contexts to describe recovering losses or expenses.

Common Phrases:

recoupment of costs, seek recoupment, full recoupment

Etymology:

From French "recouper," meaning to recover or regain, derived from Latin "recuperare."

Examples:

  • 1. The company sought recoupment for the damages caused by the breach of contract.
  • 2. Tax deductions allow for partial recoupment of business expenses.
  • 3. The lawsuit aimed at the recoupment of unpaid wages was successful.
  • 4. Investors hope for a quick recoupment of their initial investment.

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