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Cosa (chi) è Recouping - definizione
Recoupment
Recoupment, in the music industry, is when a record label pays for a musical artist's expenses, such as for recording and marketing, and later deducts an equal amount from the artist's royalties, which are between 15 and 20 percent of sales revenue. The practice is common, and most new artists have little choice but to accept it since they lack the negotiating power to obtain a better contract.
recoupment
n. the right of a defendant in a lawsuit to demand deduction from the amount awarded to plaintiff (party bringing the suit) of a sum due the defendant from the plaintiff in the transaction which was the subject of the lawsuit. Example: Laura Landlord sues Tillie Tenant for nonpayment of rent, Tenant is entitled to deduct a deposit made at the commencement of the lease, or an amount Landlord received from re-renting the apartment before the lease expired. A recoupment is not the same as an "offset" (setoff), which can be money owed from any matter, including outside the lawsuit.
recoup
(recoups, recouping, recouped)
If you recoup a sum of money that you have spent or lost, you get it back.
Insurance companies are trying to recoup their losses by increasing premiums.
= recover
VERB: V n
Esempi dal corpus di testo per Recouping
1. So recouping this amount of money is possible if a proper recycling system is implemented.
2. He had undergone an angioplasty on Monday and doctors said he was recouping fast.
3. AccessIT is recouping the cost from studios over the next 10 years.
4. Since then, Gordon Brown has been tracking the cash, recouping many billions.
5. Increasing prices for subscribers is one way of recouping some of that loss, she said by telephone.