The Collaborative International Dictionary
Recoup \Re*coup"\, Recoupe \Re*coupe"\ (-k??p"), v. t. [F. recouper; pref. re- re- + couper to cut.]
(Law) To keep back rightfully (a part), as if by cutting off, so as to diminish a sum due; to take off (a part) from damages; to deduct; as, where a landlord recouped the rent of premises from damages awarded to the plaintiff for eviction.
To get an equivalent or compensation for; as, to recoup money lost at the gaming table; to recoup one's losses in the share market.
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To reimburse; to indemnify; -- often used reflexively and in the passive.
Elizabeth had lost her venture; but if she was bold, she might recoup herself at Philip's cost.
--Froude.Industry is sometimes recouped for a small price by extensive custom.
--Duke of Argyll.
Wiktionary
vb. (archaic form of recoup English)