overpayment
Defined in 1 place of the United States Code.
“overpayment” means any payment by a lessee or its designee in excess of an amount legally required to be paid on an obligation and includes the portion of any estimated payment for a production month that is in excess of the royalties due for that month;
Source
- 1996–present30 U.S.C. § 1702Mineral Lands and Mining · Definitions · for the purposes of this chapter