RECOUPING

Verb

recouping

present participle of recoup

Source: Wiktionary

RECOUP

Re*coup", Re*coupe" (-kp"), v. t. Etym: [F. recouper; pref. re- re- + couper to cut.]

1. (Law)

Definition: To keep back rightfully (a part), as if by cutting off, so as to diminish a sum due; to take off (a part) from damages; to deduct; as, where a landlord recouped the rent of premises from damages awarded to the plaintiff for eviction.

2. To get an equivalent or compensation for; as, to recoup money lost at the gaming table; to recoup one's losses in the share market.

3. To reimburse; to indemnify; -- often used reflexively and in the passive. Elizabeth had lost her venture; but if she was bold, she might recoup herself at Philip's cost. Froude. Industry is sometimes recouped for a small price by extensive custom. Duke of Argyll.

Source: Webster’s Unabridged Dictionary 1913 Edition