1.
overpaid money; overpayment refund
Money paid in excess of what was actually owed. Most often refers to interest overpaid on consumer loans that the borrower can legally reclaim.
過払い金を取り戻す。
to reclaim overpaid money
過払い金の返還を請求した。
I filed a claim for a refund of the overpayment.
弁護士に過払い金について相談した。
I consulted a lawyer about overpaid interest.
A legal and financial term. In Japan it became widely known through claims to recover interest charged above the legal cap by consumer-finance lenders.
COMMON COLLOCATIONS:
- 過払い金請求: a claim for overpaid money
- 過払い金を返還する: to refund an overpayment
- 過払い金が発生する: an overpayment arises