Overrecovery
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Overrecovery is a noun meaning The recovery of more money than was actually owed.
Meaning
The recovery of more money than was actually owed.
Example Sentences
Where the estimate overstates a utility's costs, allowing the utility to overrecover its costs, the amount of the overrecovery generally is required to be returned to the ratepayers through a cost of service adjustment […]
Word Forms
- overrecoveries
Related Words
Related dictionary entries include recovery, recoveror, recoveree, recoupment, clawback, redemption.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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