1. the recovery of money spent or lost; compensation for losses or expenses
Usage: plural form of recoupment
2. deductions made from payments owed, especially to recover previous overpayments
Usage: legal; financial

Examples

• The insurance company processed several recoupments for fraudulent claims.
• Employee recoupments were made to recover overpaid vacation time.
• The audit revealed multiple recoupments needed from vendor payments.
• Legal recoupments helped the company recover stolen funds.
• The accounting department handles all salary recoupments.
• Government recoupments reduced the final settlement amount.