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
Others may be affected by overpayments, whereby the Social Security Administration issued benefit payments that were too high.
—Lorie Konish, CNBC, 4 June 2025
That could shrink the free agent class even further, and subsequently lead to middle-class overpayments, which tends to be the case when few impact players are left on July 1.
—Shayna Goldman, New York Times, 22 May 2025
For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily.
—Kelly Phillips Erb, Forbes.com, 17 May 2025
The agency's inspector general found that 73,000 overpayments in 2022 were due to problems with Social Security's own calculations, rather than the fault of the beneficiary.
—Alain Sherter, CBS News, 5 May 2025
See All Example Sentences for overpayment
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Lorie Konish, CNBC, 4 June 2025
That could shrink the free agent class even further, and subsequently lead to middle-class overpayments, which tends to be the case when few impact players are left on July 1.
—Shayna Goldman, New York Times, 22 May 2025
For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily.
—Kelly Phillips Erb, Forbes.com, 17 May 2025
The agency's inspector general found that 73,000 overpayments in 2022 were due to problems with Social Security's own calculations, rather than the fault of the beneficiary.
—Alain Sherter, CBS News, 5 May 2025
See All Example Sentences for overpayment
Cite this Entry
“Overpayment.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/overpayment. Accessed 16 Jun. 2025.
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