What does recoupment mean?
Definitions for recoupment
re·coup·ment
This dictionary definitions page includes all the possible meanings, example usage and translations of the word recoupment.
Did you actually mean reshipment or rescue equipment?
Wiktionary
recoupmentnoun
A recovery of what had been lost.
Wikipedia
Recoupment
Recoupment, in the music industry, is when a record label pays for a musical artist's expenses, such as for recording and marketing, and later deducts an equal amount from the artist's royalties, which are between 15 and 20 percent of sales revenue. The practice is common, and most new artists have little choice but to accept it since they lack the negotiating power to obtain a better contract.
Webster Dictionary
Recoupmentnoun
the act of recouping
Wikidata
Recoupment
Recoupment is the practice, common in the music industry, of claiming an advance provided to an artist back from that artist rather than from related sources. Many record labels practice recoupment, and most new artists have little choice but to accept it since they lack the negotiating power to obtain a better contract. Recoupment is also a common practice within the insurance industry. It means virtually the same thing, but generally occurs when an insurance company has paid the benefits to a hospital and then takes back that money when they have determined that those benefits should not have been given.
Numerology
Chaldean Numerology
The numerical value of recoupment in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of recoupment in Pythagorean Numerology is: 4
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Translations for recoupment
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"recoupment." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/recoupment>.
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