(recoupment)
1recoupment — re·coup·ment /ri küp mənt/ n 1: the process or fact of recouping recoupment 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 …
2Recoupment — is the practice, common in the music industry, of claiming an advance provided to an artist back from that artist rather than (or, as well as) from related sources. Many record labels practice recoupment, and most new artists have little choice… …
3Recoupment — Re*coup ment ( ment), n. The act of recouping. [1913 Webster] Note: Recoupment applies to equities growing out of the very affair from which thw principal demand arises, set off to cross demands which may be independent in origin. Abbott. [1913… …
4recoupment — A reduction or rebate in proceeds claimed by a party arising from the same transaction with another party, as opposed to a set off which arises from a transaction that is collateral or somehow related to the same transaction. (Bernstein s… …
5recoupment — /rakuwpmant/ To recover a loss by a subsequent gain. In pleading, to set forth a claim against the plaintiff when an action is brought against one as a defendant. A keeping back something which is due, because there is an equitable reason to… …
6recoupment — Literally, a cutting back. Davenport v Hubbard, 46 Vt 200. A deduction from a money claim whereby cross demands arising out of the same transaction are allowed to compensate one another, the balance only to be recovered. National Cash Registet Co …
7recoupment — recoup ► VERB ▪ regain (a loss). DERIVATIVES recoupable adjective recoupment noun. ORIGIN French recouper retrench, cut back …
8recoupment — noun see recoup …
9recoupment — See recoupable. * * * …
10recoupment — noun A recovery of what had been lost. See Also: recoup …