Definitions

1. noun

The act of recovering or regaining something, especially money, that has been lost or spent.

“The company’s financial difficulties led to a period of recoupment, during which they focused on reducing costs and increasing revenue.”

2. noun

A provision in a contract or agreement allowing for the recovery of expenses or losses.

“The contract included a clause for recoupment in case of unexpected expenses or revenue shortfalls.”

3. noun

The amount of money or losses recovered or regained.

“After several months of recoupment, the company was finally able to report a profit.”