OVERAGE Meaning and
Definition
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Overage is a term that can have different interpretations depending on the context in which it is used. Generally, overage refers to the state of being older or exceeding a particular age or time limit. It can also be used to describe a situation where something or someone is past their prime or past the typical or expected age.
In the realm of business and commerce, overage is often used to refer to excess or surplus amounts. For instance, it can describe a surplus or excess inventory that is beyond what is needed or expected. In real estate, overage can refer to a surplus amount of money left over after the sale of a property when the proceeds exceed the outstanding debt or obligations related to the property.
Furthermore, overage can also refer to a penalty or additional charge imposed when someone goes beyond a predetermined limit or allowance. This can be seen in situations such as exceeding a contractual delivery time, surpassing a certain limit of permitted usage, or violating specific terms or conditions. In such cases, an overage charge might be applied to compensate for the additional cost or effort incurred due to the excessive use or late completion.
Overall, overage encompasses various meanings, but it commonly denotes excess, surplus, exceeding a limit, or being older than expected. The specific interpretation of the term depends on the context in which it is applied.
Top Common Misspellings for OVERAGE *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for OVERAGE
Etymology of OVERAGE
The word "overage" originates from the Middle English term "over age", which was used to describe someone or something that had exceeded the appropriate or expected age or time limit. The combining of "over" and "age" together formed the compound word "overage", which eventually became the accepted form in Modern English.
Similar spelling words for OVERAGE
- overexert,
- oversexed,
- oversewn,
- overcast,
- overcome,
- overcash,
- overcall,
- overstrain,
- overacting,
- overshoe,
- overgreedy,
- overgorge,
- overaged,
- overreact,
- overseer,
- oversize,
- overcrop,
- overcrowd,
- overactive,
- overstep,
- overspend,
- overcharge,
- overhasty,
- oversew,
- overeager,
- oversee,
- overreach,
- oversea,
- oversleep,
- overuse,
- overact,
- overseas,
- operagoer,
- overgrown,
- overside,
- overgrow.
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