overpayment Synonyms

overpayment Meaning

Wordnet

overpayment (n)

a payment larger than needed or expected

the act of paying too much

overpayment Sentence Examples

  1. The company detected an overpayment and contacted the customer for a refund.
  2. The overpayment resulted in a negative balance on the account.
  3. The employee's salary was adjusted to recover the overpayment.
  4. The overpayment was due to a clerical error in calculating the payroll.
  5. The insurance company issued a check for the overpayment and apologized for the inconvenience.
  6. The overpayment was discovered during an audit of the financial records.
  7. The customer disputed the claim of overpayment, citing evidence of additional expenses.
  8. The overpayment was used to offset the customer's outstanding debt.
  9. The overpayment was discovered and corrected before any significant financial impact.
  10. The vendor requested reimbursement for the overpayment, along with interest charges.

FAQs About the word overpayment

a payment larger than needed or expected, the act of paying too much

remittance, repayment,paying, compensation, giving, prepayment, payment, reimbursement, disbursement,remuneration

nonpayment,nonpayment,, underpayment,underpayment

The company detected an overpayment and contacted the customer for a refund.

The overpayment resulted in a negative balance on the account.

The employee's salary was adjusted to recover the overpayment.

The overpayment was due to a clerical error in calculating the payroll.