1. the act of getting back money that was lost or spent; recovery of losses
2. a legal right to recover money or reduce a debt by claiming damages or losses
Usage: legal

Examples

• The company sought recoupment of its investment losses.
• After the failed project, recoupment seemed unlikely.
• The insurance policy provided for recoupment of medical expenses.
• The contractor filed for recoupment of additional costs.
• Recoupment of the stolen funds took several months.
• The legal team argued for recoupment based on breach of contract.