overpayment

Definition of "overpayment"
  1. An amount of money paid beyond what is owed or required
How to use "overpayment" in a sentence
  1. The business issued a refund after the customer notified them of an overpayment.
  2. After receiving notice of an overpayment, Jane adjusted her monthly installments.
  3. A review of the financial records revealed a significant overpayment in the last billing cycle.

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