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recoupment

/rɪˈkuːpmənt/

/rɪˈkupmənt/

Translations

recoupmentnoun

recoupments

The company sought recoupment for the losses incurred during the project.

Компания стремилась к возмещению убытков, понесенных в ходе проекта.

The insurance policy provides recoupment for damages caused by natural disasters.

Страховой полис предусматривает компенсацию за ущерб, причиненный стихийными бедствиями.

Additional translations

Synonyms

recoupmentadjective

/rɪˈkuːpmənt/

/rɪˈkupmənt/

Used attributively before another noun (e.g., "recoupment period").

recoupmentnoun

The act of recovering or regaining something lost or expended.

The company focused on the recoupment of its losses after the financial crisis.

A legal term referring to the right of a defendant to have a deduction from the amount of a plaintiff's claim, due to a related counterclaim.

The defendant sought recoupment for the damages caused by the plaintiff's breach of contract.

recoupmentadjective

Relating to or involved in the recovery of losses or costs.

The recoupment period for the investment was projected to be three years.