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overage
This term is primarily utilized in accounting, logistics, and project management to describe a surplus that is often viewed as a discrepancy or an error. While a surplus can be positive, an overage frequently carries a negative connotation when it refers to budget expenditures, implying a failure to adhere to financial constraints.
In inventory contexts, it describes the specific gap between the physical count and the recorded ledger. Because it functions as a technical term for a measured difference, it is treated as a standard countable noun, though it is frequently used in the singular to describe a general state of excess.
Meanings
Examples
The project budget had a slight overage due to unexpected shipping costs.
We found an overage of ten units during the warehouse audit.
I wonder if the company will reimburse me for this overage.
The shipment arrived with a significant overage of raw materials.
The shipment arrived with a significant overage of raw materials.
You will be charged an overage fee if you exceed your monthly data limit.
Check the manifest again because there is an overage in the crate.
The total cost resulted in a budget overage that required board approval.
Wait, why is there an overage in the inventory count for this month?