Recoupments

Part of speech: noun

Definitions

1. The act of recovering or regaining something lost or expended, particularly in financial terms
2. The process of offsetting losses or expenses by receiving compensation or reimbursement for them
3. Efforts aimed at recapturing prior investments or funds through various means of financial redress

Etymology: Recoupment is a plain English formation: the verb "recoup" with the suffix "-ment" attached. "Recoup" itself came into English from French, where "recouper" meant to cut again or cut back, and in English it took on the financial sense of making good a loss. The suffix carries the noun-forming work. It descends from Latin "-mentum," which marked the result or means of an action, and reached English through Old French "-ment," so a recoupment is literally the result of recouping. The noun is plural here because it names several separate acts of recovery, each one a way of winning back money already spent or put at risk. Its meaning stays close to the verb's commercial sense: a lost sum is clawed back, whether through compensation, offsets, or repayment from another party.

Synonyms: recoveries, reimbursements