Definitions (2)

1.Direct or indirect recovery of funds spent (such as R&D costs) on an activity (such as from licensing the resulting know how).
2.Right of a defendant to claim elimination or reduction of the plaintiff's claim due to plaintiff's breach in performing the same contract (or failure to fulfill the terms of the same transaction) that is the subject matter of the case.

Use recoupment in a sentence

  • You should always try to get as much of a recoupment you can from any investment you made that did not hit it big.

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  • The recoupment process was almost over finally and it gave me great relief to know we were getting everything back.

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  • You should try to get as much recoupment from any investment you make because something is always better than nothing.

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