Recoupment

1 definition found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Recoupment \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 Webster]