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over ages

 - 4 dictionary results

o⋅ver⋅age

2[oh-ver-ij]
–noun Commerce.
1. an excess supply of merchandise.
2. the value of goods in excess of the amount called for by stock records; money in excess of the amount called for by sales records.

Origin:
1940–45; over- + -age
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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o·ver·age 1   (ō'vər-ĭj)   
n.  
  1. An amount, as of money or goods, that is actually on hand and exceeds the listed amount in records or books.

  2. A surplus; an excess.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

overage 
"a surplus amount," 1945, a banking term, coined from over, on model of shortage.
Online Etymology Dictionary, © 2001 Douglas Harper
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Legal Dictionary

Main Entry: over·age
Pronunciation: 'O-v&-rij
Function: noun
: an amount exceeding a certain sum or quantity: as a : a percentage of the amount of sales grossed by a retail store that is paid under the terms of a lease in addition to a fixed rent b : an amount by which a payment or cost exceeds an expected or budgeted amount c : SURPLUS
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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