Definitions for "Recoupment"
Reimbursement of monies expended. For example, out of a petty cash float of $100, payments which total $55 have been made. A recoupment cheque would be raised for $55 to reinstate the full $100 value of the petty cash float.
Refers to the repayment of advances, recording costs, and other expenses by an artist to a record company through the artist's royalties. For example, if an artist is given a $100,000 advance and has recording costs totalling $50,000, then $150,000 can be recouped (taken from) the artist's royalties. The artist will not receive any royalties from the sale of albums until the record company has recouped all of these expenses.
Recoupment is the practice, common in the music industry, of claiming an advance provided to an artist back from that artist rather than (or, as well as) 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.
The ability to regain or recover the level of skills attained prior to interruption of programming.
A right to deduct from the plaintiff's claim any payment or loss that the defendant has suffered by reason of the plaintiff's wrongful act.
the collection or recovery by the Division of the value of assistance erroneously paid to an individual regardless of the source of the error.
Gross funds from a film that are required to pay off negative costs, overhead, ongoing distribution fees, interest, financing and distribution costs, and, in appropriate cases, payment of gross participations.
The designated point at which investors in a production entity are paid a specified percentage of their invested capital (usually 100% of invested capital).
Keywords:  act
The act of recouping.