Meaning & use

recoupment

noun·Advanced

Last updated

The act of recovering money that has been spent or lost.

See it in a sentence

The contract included a recoupment clause allowing the studio to reclaim production costs from profits.

Full recoupment of the initial investment took nearly five years.

A note on using this word

A formal term common in legal, business, and entertainment-industry contracts.

Words with a similar meaning

reimbursementrecovery

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Words with an opposite meaning

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