overpayment

American  

[oh-ver-pay-muhnt] / ˌoʊ vərˈpeɪ mənt /

noun

plural

overpayments

1. a payment which exceeds the amount owed; the amount paid in excess of what is owed.

2. the act of paying more than is owed.

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Example Sentences

In a statement the trust said "the use of debt collection agencies is always a last resort," and some of those were historic overpayments being dealt with some time afterwards.

From BBC

But the GAO says that in the real world, absence of verified Social Security numbers “does not necessarily represent overpayments.”

From Los Angeles Times

UnitedHealthcare is a company accused of numerous offenses, from ignoring doctors’ advice and denying claims for services they deemed not “medically necessary” to extracting overpayments from the federal government.

From Salon

Other behaviours the new system is taking into account are cutting overdraft use, avoiding credit card advances and making mortgage overpayments.

From BBC

Otherwise, keeping the benefits is considered overpayment, which leaves you subject to penalties that could prevent you from receiving future benefits.

From The Wall Street Journal