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 […]

Related terms

• overrecover