Overpaying
Pronunciation: /ˈoʊvərˌpeɪɪŋ/
Overpaying (verb)
- Giving more money than is needed or expected for a product, service, or bill.
- Paying someone wages that are higher than what the job or agreement requires.
- Paying more money in total because the rate, terms, or timing make the cost higher than necessary.
Examples
- People regret overpaying when they could have compared prices.
- You should avoid overpaying by checking the total cost first.