Recoupment - Law Dictionary Search Results
Home Dictionary Name: recoupmentrecoupment
recoupment 1 : the process or fact of recouping [ of expenses] 2 a : a keeping back of all or part of a sum sought by a plaintiff in the interest of equity see also equitable recoupment b : a reduction in damages because of a demand by the defendant arising out of the same occurrence or transaction c : the right of a defendant to have the claim of the plaintiff reduced or eliminated by reason of a breach of contract or duty by the plaintiff in the same occurrence or transaction ;also : an affirmative defense alleging such a breach d : a counterclaim that arises out of the same occurrence or transaction as that of the original action compare set-off NOTE: Recoupment involves the type of claim that now must be asserted in a compulsory counterclaim. ...
equitable recoupment
equitable recoupment : a doctrine that allows the government to collect a tax or a taxpayer to collect a refund of tax after the running of the statute of limitations for such collection in cases where the statute of limitations creates an inequitable result ...
Recoupment
Recoupment, The recovery or regaining of some-thing, esp. expenses, Black's Law Dictionary, 7th Edn., 1280....
recoup
recoup : recover [would the overpayment from current claims payments "City of Cordova v. Medicaid Rate Commn., 789 P.2d 346 (1990)"] ...
Recoup
To keep back rightfully a part as if by cutting off so as to diminish a sum due to take off a part from damages to deduct as where a landlord recouped the rent of premises from damages awarded to the plaintiff for eviction...
Recouper
One who recoups...
Recoup
Recoup, to keep back something due; to recompense....
set-off
set-off 1 : the reduction or discharge of a debt by setting against it a claim in favor of the debtor ;specif : the reduction or discharge of a party's debt or claim by an assertion of another claim arising out of another transaction or cause of action against the other party 2 a : a right to seek reduction or discharge of a debt or claim by countering a party's claim with an independent claim b : a counterclaim made by a defendant against a plaintiff for reduction or discharge of a debt by reason of an independent debt owed by the plaintiff to the defendant compare recoupment ...
set-off
set-off 1 : the reduction or discharge of a debt by setting against it a claim in favor of the debtor ;specif : the reduction or discharge of a party's debt or claim by an assertion of another claim arising out of another transaction or cause of action against the other party 2 a : a right to seek reduction or discharge of a debt or claim by countering a party's claim with an independent claim b : a counterclaim made by a defendant against a plaintiff for reduction or discharge of a debt by reason of an independent debt owed by the plaintiff to the defendant compare recoupment ...
Recoupment
The act of recouping...
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