expense recovery



An action undertaken by a company to recover money it has overpaid to other businesses. The company may have overpaid due to a clerical error on its part, or because the company it paid overbilled for services rendered. For example, a company might audit its utility bills for several recent billing cycles to determine if it was overcharged for energy used.


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z