overpay Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “overpay” in the English Dictionary

"overpay" in British English

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overpayverb [T often passive]

uk   /ˌəʊ.vəˈpeɪ/  us   /ˌoʊ.vɚ-/ (overpaid, overpaid)
to ​pay someone too much: I ​felt I should ​tell my ​boss she'd overpaid me by $50.disapproving Bankers are ​grossly overpaid for what they do. to ​pay more than ​originallyagreed when ​paying back a loan, in ​order to ​reduce the ​cost of the loan: If you ​budget to overpay ​yourmortgage on a ​regularbasis, you can ​save a lot of ​money.
overpayment
noun [C or U] /-mənt/
She did not ​notice that she had ​received a ​salary overpayment.
(Definition of overpay from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"overpay" in Business English

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overpayverb

uk   us   /ˌəʊvəˈpeɪ/ (overpaying, overpaid, overpaid)
[I or T] FINANCE, BANKING to make bigger ​payments than originally ​agreed when ​paying back a ​loan, in ​order to ​reduce the ​cost of the ​loan: If you ​budget to overpay your ​mortgage on a ​regularbasis, you can ​save a lot of ​money. These ​loansallow you to overpay at any ​time.overpay on sth We use any spare ​money to overpay on our ​mortgage.
[I or T] TAX, COMMERCE to ​pay more than is necessary or more than the ​value of something: Some ​part-timeworkers will overpay ​tax and will need to ​claim a ​rebate.overpay for sth He said they did not overpay for the ​landbased on comparable ​sales in the ​area.
[T often passive] HR, COMMERCE to ​pay someone too much: overpay sb by $50/10% etc I ​felt I should tell my ​boss she'd overpaid me by $100.overpay sb for sth He ​claimed the ​deal would overpay the ​company for its ​electricaltransmissiongrid.
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(Definition of overpay from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “overpay”
in Chinese (Simplified) 多付给…钱, 给…过高报酬…
in Chinese (Traditional) 多付給…錢, 給…過高報酬…
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“overpay” in British English

“overpay” in Business English

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