overpay Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “overpay” in the English Dictionary

"overpay" in British English

See all translations

overpayverb [T often passive]

uk   /ˌəʊ.vəˈpeɪ/  us   /ˌoʊ.vɚˈpeɪ/ (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] /ˌəʊ.vəˈpeɪ.mənt/  us /ˌoʊ.vɚˈpeɪ.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

See all translations

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.
Compare
(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…
What is the pronunciation of overpay?
Add Cambridge dictionaries to your browser to your website

“overpay” in British English

“overpay” in Business English

There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

sample

a small amount of something that shows you what the rest is or should be like

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More