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  • recoupment | Wex | US Law | LII Legal Information Institute
    Recoupment, generally, means the recovery or collection of money that was previously unduly paid out More specifically, it can mean a defendant ’s affirmative defense to reduce a plaintiff’s claim by an amount the defendant argues that the plaintiff owes the defendant arising from the same transaction
  • recoupment - Meaning in Law and Legal Documents, Examples and FAQs
    Recoupment is a legal term that refers to the right of a party to reduce or offset a claim against them by claiming a related amount they are owed In simpler terms, if someone owes you money, you can subtract what they owe you from what you owe them
  • What is Recoupment? | ContractHound Terminology Database
    Recoupment is a legal right that allows a party to recover or 'take back' money they have paid out when they were not the primary party responsible for the payment It's like getting reimbursed for covering someone else's debt or obligation
  • Recoupment Definition - What Does Recoupment Mean? - Legal Explanations
    Recoupment is a common law principle that dates back to the medieval era The term is often used in the legal and financial contexts, and it is defined as the process of deducting losses or expenses from a sum of money owed, rather than paying the full amount
  • Recoupment - definition of recoupment by The Free Dictionary
    To get back; recover or regain: recoup a loss; recoup one's dignity b To gain an amount equal to (an outlay or investment): expected to recoup the development costs in three years c To restore; replenish: "urged [her] to catch up on sleep and recoup her utterly spent resources" (Bernard Lown) 2
  • Recoupment Law and Legal Definition | USLegal, Inc.
    Recoupment is the setting forth of a demand arising from the same transaction as the plaintiff's claim, to abate or reduce that claim It is the means used to determine the proper liability on the amounts owed
  • Recoupment: Overview, definition, and example - cobrief. app
    Recoupment refers to the legal right of a party to recover or offset a debt, loss, or payment that was previously made or owed It is commonly used in situations where a payment or benefit has been provided, but the receiving party is later entitled to reduce
  • Recoupment - The Law Dictionary
    Find the legal definition of RECOUPMENT from Black's Law Dictionary, 2nd Edition In practice Defalcation or discount from a demand A keeping back something which is due, because there is au equitable reason to withhold it Torn-
  • recoupment definition · LSData
    Recoupment is different from a setoff because it is not an independent claim, but rather an equitable remedy The purpose of recoupment is to ensure a fair and just result by allowing the court to consider the entire transaction in context
  • RECOUPMENT Definition Meaning | Merriam-Webster Legal
    The meaning of RECOUPMENT is the process or fact of recouping How to use recoupment in a sentence





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