Definition

A payment that is more than what is required or owed.

Example

The company issued a refund for the overpayment made by the customer.

Conversation

I think I made an overpayment on my last bill.

Oh no, that’s frustrating! Did you check with the company?

Yes, they confirmed that I paid too much this time.

At least you can get a refund soon, right?

Synonyms & Antonyms

Root Explanation

Overpayment → It is formed from "over-" (meaning excessively) and "payment" (from Old French *paiment*, meaning the act of paying). The word refers to the act of paying more than what is due or required.

Memory Tip

Think of paying 'excessively' ('over-') — that's why overpayment means paying more than necessary.

Visually Confused Words