overrecovery

English

Etymology

From over- +‎ recovery.

Noun

overrecovery (countable and uncountable, plural overrecoveries)

  1. The recovery of more money than was actually owed.
    • 1997, Federal income tax issues arising in connection with proposals to restructure the electric power industry, page 36:
      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 […]
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