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Recoupment

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
re·coup  (r-kp)
v. re·couped, re·coup·ing, re·coups
v.tr.
1. To receive an equivalent for; make up for: recoup a loss. See Synonyms at recover.
2. To return as an equivalent for; reimburse.
3. Law To deduct or withhold (part of something due) for an equitable reason.
v.intr.
To regain a former favorable position.
n.
The act of recouping.

[Middle English recoupen, to cut short, from Old French recouper, to cut back : re-, re- + couper, to cut (from coup, blow; see coup).]

re·coupa·ble adj.
re·coupment n.

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