recoupment
C2CEFR level
78/100Rarity: rare
TechnicalRegister
Law noun
A defendant's reduction of the plaintiff's claim by a counter-demand arising from the same transaction.
By way of recoupment the buyer set the defective-goods loss against the price sued for.
Business noun
The recovery of money that has been spent or invested.
Management argued the licensing deal would allow full recoupment of the development costs within three years.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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