What's the difference between overpay and underpay?

Overpay


Definition:

  • (v. t.) To pay too much to; to reward too highly.

Example Sentences:

  • (1) "EA's next CEO inherits a company beset by a broad range of legacy problems created not just by difficult retail market conditions but also by its own hand," says Nick Gibson an analyst at Games Investor Consulting Ltd. "It has been too eager to use major acquisitions – Jamdat, Playfish, Bioware, PopCap etc – to try to accelerate growth or gain early leadership positions in emerging markets, often overpaying by substantial amounts for companies that subsequently fail to deliver what EA expected they would."
  • (2) The supermarket is under pressure from shareholders not to overpay for Argos, as some are sceptical about taking on a business that has struggled to increase sales and profits in recent years.
  • (3) On that basis News Corp would have to find well over £11bn, although the company has already made it clear it does not intend to overpay.
  • (4) A DWP spokesperson said: "DLA is an outdated benefit with £630m of overpayments and the vast majority of people getting the benefit for life without systematic checks to see if their condition has changed.
  • (5) The flexibility in terms of being able to overpay is also a good feature.
  • (6) Conservative MP David Morris, the government’s ambassador for small businesses, warned that the self-employed were concerned the new system would be onerous and lead to overpayments in some cases.
  • (7) US pay tsar names and shames President Obama's Wall Street pay tsar today named and shamed 17 US banks that had to be bailed out by the US government for overpaying their executives during the financial crisis.
  • (8) While the Lakers' two-year contract extension may end up being "an expensive mediocrity overpaying a franchise star in decline", as Grantland's Zach Lowe has put it , it could also have very well been the only move it could have sold to its fans.
  • (9) If you make overpayments on an interest-only mortgage, the way to get your overpayments back is to increase your mortgage loan by the amount of the overpayment that you want "returned".
  • (10) Other News Corp investors have pushed Murdoch not to overpay for BSkyB, arguing that the takeover was not essential.
  • (11) If you are running a debt on a credit card, for example, or are repaying a personal loan, clearing these would make more sense than overpaying on your mortgage because credit cards and personal loans tend to have higher rates of interest than mortgages.
  • (12) SLC told me it can only act on HMRC’s information – something clearly needs to change.” The loan system allows for enormous overpayments to take place, according to Helen Saxon, chief product analyst at MoneySavingExpert.com.
  • (13) You are effectively overpaying some people in some areas more than they need because the cost of living is so low, and you are underpaying people in expensive areas, leading to shortages and possibly poorer quality of teaching."
  • (14) Flexible mortgages Although there is no set definition for the term, a flexible mortgage is widely accepted to do the following: · Allow you to overpay by any amount without penalty, including redeeming the loan · Allow you to take payment holidays or underpay providing you have overpaid enough in advance · Allow you to borrow back on the mortgage (or drawdown) without charging However, not all flexible mortgages offer all of these features, and some are available on "regular" mortgages.
  • (15) If, after the winter months, in which you are likely to use the most fuel, your account is in credit, ask your provider if you can cut your monthly direct debit or have your overpayments back.
  • (16) In addition, with its standard-rate mortgages, if you make an overpayment of less than £500, although your mortgage balance will be reduced immediately, your monthly mortgage payment won't go down until the next interest-rate change.
  • (17) But executives are also acutely aware that the arrival of BT in the market has fuelled rights inflation and are determined not to overpay.
  • (18) Likewise, if corporations convince the government to overpay for their products (as the major drug companies have succeeded in doing), or are given access to public resources at below-market prices (as mining companies have succeeded in doing), reported financial wealth increases, though the wealth of ordinary citizens does not.
  • (19) And while both these figures may sound large, total overpayments account for less than 3% of benefit expenditure, and losses through fraud alone make up less than 1% of the benefits bill.
  • (20) QCould you please explain the differences between a repayment mortgage and overpaying one's mortgage on a regular (perhaps monthly) basis?

Underpay


Definition:

  • (v. t.) To pay inadequately.

Example Sentences:

  • (1) The universal credit would also track claimants' income monthly rather than yearly, so reducing the risk of over- or underpayment.
  • (2) Never knowingly undersold is a weak motto unless it includes never knowingly underpaying a workforce.
  • (3) Many newspapers and magazines targeted the broader--and thornier--issue of national health care reform, but narrower and no less critical issues also received play, including Medicaid underpayment, emergency department overcrowding and HIV testing for health care workers.
  • (4) If eBay sellers are found to be breaching UK VAT compliance rules, we will cooperate with HMRC in all cases where HMRC provides evidence of underpayment of taxes.” Amazon said sellers on its site were “independent businesses responsible for complying with their own VAT obligations”.
  • (5) The ruling has sweeping implications, because documented compliance with a tax system no longer guarantees a corporation that it is safe if that system is not operating properly: both Fiat and Starbucks will now likely face bills for past underpayments.
  • (6) You are effectively overpaying some people in some areas more than they need because the cost of living is so low, and you are underpaying people in expensive areas, leading to shortages and possibly poorer quality of teaching."
  • (7) Flexible mortgages Although there is no set definition for the term, a flexible mortgage is widely accepted to do the following: · Allow you to overpay by any amount without penalty, including redeeming the loan · Allow you to take payment holidays or underpay providing you have overpaid enough in advance · Allow you to borrow back on the mortgage (or drawdown) without charging However, not all flexible mortgages offer all of these features, and some are available on "regular" mortgages.
  • (8) A lawyer for Devyani Khobragade, the Indian diplomat who left the US last week after indictment for visa fraud and underpaying domestic staff, has asked a US judge to throw out the charges against her.
  • (9) Southern Cross – which is responsible for looking after 31,000 elderly residents – has announced that it will underpay its rent for the next four months as it struggles with a £230m annual rental bill.
  • (10) In total, £19m has been underpaid with an average individual total underpayment of £800.
  • (11) Is it wise to underpay a workforce that the country relies upon for its economic stability?
  • (12) Exploitation within this sector "bears a striking resemblance to that found in the GLA-enforced sectors: underpayment of wages, debt bondage, excessive hours, spurious deductions, dangerous and unsafe working conditions," he says.
  • (13) This creates the potential to underpay for patients who develop the common complication of delayed graft function.
  • (14) It says the best solution is to pay SMI at the rate applying to individual borrowers' mortgages, ensuring no over- or underpayments.
  • (15) The union said it had concerns the tax will provide a disincentive for employers to pay workers appropriately, and instead encourage a black market economy with cash-in hand wages, from dodgy contractors who underpay and exploit their workers.
  • (16) Russian 'troll factory' sued for underpayment and labour violations Read more Unmasked after two months in the job, Savchuk was sacked after she published articles under a pseudonym in local newspapers denouncing the “propaganda factory”.
  • (17) The United Arab Emirates (UAE) has failed to protect female migrant domestic workers from beatings, hunger, overwork, underpayment and forced labour, Human Rights Watch (HRW) said on Thursday, urging authorities in the Gulf State to end the traditional kafala visa sponsorship system, which perpetuates much of the exploitation.
  • (18) This sum could be put towards future energy use, and you don't want to find yourself on the opposite end of the spectrum and in debt to your supplier by underpaying.
  • (19) According to the International Domestic Workers Federation, employers who exploit or underpay their domestic workers make $8bn (£5.1bn) a year in illegal profits.
  • (20) India has ratcheted up the pressure on US diplomats in Delhi as the deadline nears for the indictment of an Indian envoy in New York charged with visa fraud and underpaying a maid.

Words possibly related to "overpay"

Words possibly related to "underpay"