Definitions of "overage"
  1. An excess quantity or amount surpassing a specified limit or threshold
  2. A supplementary payment due to a landlord, calculated as a portion of a retail store's sales, over and above the standard rental fee
  3. A financial surplus that occurs when actual spending surpasses the anticipated or allocated budget
How to use "overage" in a sentence
  1. When the company's manufacturing process produced more widgets than expected, they ended up with an overage.
  2. As per the lease agreement, the store had to pay an overage if its sales exceeded a certain amount.
  3. They discovered an overage in the project's financials, as they had spent more than the allocated budget.

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