Definition of overpayment noun from the Oxford Advanced Learner's Dictionary

 

overpayment

 noun
noun
BrE BrE//ˌəʊvəˈpeɪmənt//
 
; NAmE NAmE//ˌoʊvərˈpeɪmənt//
 
[countable, uncountable]
 
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the act of paying somebody too much; an amount paid that is too much overpayment of housing benefit Most suppliers automatically refund overpayments.