Definition of "overage" in Englisch

adjective

1. Having an age that is greater than a stipulated minimum.

2. Too old to be of use in a particular situation.

verb

1. To have too long an aging process.

noun

1. A surplus of inventory or capacity or of cash that is greater than the amount in the record of an account.

2. Excess; a state of being more than it ought to be.

   • You're entitled to bring a bag weighing fifty pounds onto the airplane, and will be charged extra for any overage.

3. (property law) Any additional sums payable following the purchase of land, calculated on a prearranged basis, on the occurrence of certain specified events that are deemed to increase the value of that land; usually in the context of the development and further sale of that land.