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
In total, improper payments at the agency — including all accidental overpayments and underpayments — accounted for just under 1% of the $8.6 trillion in total payments from 2015 to 2022, according to a 2024 audit.
—Laura Doan, CBS News, 27 Feb. 2025
The report also estimated that between 2015 and 2022 there were a substantial $72 billion in improper payments, mostly from overpayments.
—Karlyn Bowman, Forbes, 25 Feb. 2025
Zadorov signings looked like overpayments at the time and already haven’t aged well.
—Shayna Goldman, The Athletic, 21 Jan. 2025
Harris’ email quotes the GAO’s finding that 74% of the overpayments, or $175 billion, went to people who are dead or no longer eligible for government assistance.
—Danielle Battaglia, Charlotte Observer, 20 Feb. 2025
See All Example Sentences for overpayment
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Laura Doan, CBS News, 27 Feb. 2025
The report also estimated that between 2015 and 2022 there were a substantial $72 billion in improper payments, mostly from overpayments.
—Karlyn Bowman, Forbes, 25 Feb. 2025
Zadorov signings looked like overpayments at the time and already haven’t aged well.
—Shayna Goldman, The Athletic, 21 Jan. 2025
Harris’ email quotes the GAO’s finding that 74% of the overpayments, or $175 billion, went to people who are dead or no longer eligible for government assistance.
—Danielle Battaglia, Charlotte Observer, 20 Feb. 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 25 Mar. 2025.
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