mispayments
noun as in strong fondness
Word Combinations
Example:The company identified a $10,000 mispayment and has initiated an investigation into the fraud.
Definition:An incorrect payment or one made to the wrong recipient or for an incorrect amount.
Example:The finance department will make a mispayment adjustment to reflect the correct amount due to the vendor.
Definition:The process of correcting an incorrect payment.
Example:The auditor will perform a mispayment audit to ensure that all payments are accurate and legitimate.
Definition:A review conducted to identify and correct incorrect payments.
Example:Due to recent mispayments, the management has decided to launch a mispayment investigation.
Definition:An examination into the reasons and circumstances leading to an incorrect payment.
Example:The finance team uncovered evidence of mispayment fraud and immediately reported it to the police.
Definition:Intentional diversion of payment money to a person or place for fraudulent purposes.
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