reˈcoupment
[f. recoup v. + -ment.]
The act of recouping or recompensing; the fact of being recouped for loss or expense.
Formerly common with ref. to schemes of municipal improvement, which aimed at recouping the community for part of the expense incurred.
| 1839 N.Y. State Supreme Court Rep. (Wendell XXII, 1840) 156 The offer came under the third category, recoupment. 1869 Waterman Law of Set-off & Recoupment 468 It is evident that recoup or recoupment, in its original sense, was a mere right of reduction from the amount of the plaintiff's recovery. 1880 Edin. Rev. Apr. 357 A claim for the recoupment of a fee of which he had not executed the conditions. 1888 Act 51 & 52 Vict. c. 20 §5 The amount paid towards such recoupment shall be dealt with as purchase money of the land under this Act. 1905 Daily Chron. 18 July 5/5 The full effect of ‘recoupment’ and ‘betterment’ would reduce it [sc. net cost]. 1953 Words & Phrases (St. Paul, Minn.) XXXIX. 28/2 A ‘recoupment’ is a counterclaim arising out of the contract sued upon, whereas a ‘set-off’ is a counterclaim arising from an independent transaction. 1977 Times Educ. Suppl. 21 Oct. 3/1 A nationwide recoupment scheme to equalize the burden of financing advanced further education. |