Unrecouped
Type: adjective
Pronunciation: /un-rih-koopt/
Also spelled or known as: Not Yet Recouped
Related: Recoupment, Recoupable Advance
What does Unrecouped mean? Advances, recording costs, or other expenses that have not yet been fully recovered from royalties or other contractually designated income.
An artist whose account remains unrecouped generally will not receive additional royalty payments until the outstanding recoupable balance has been fully recovered, unless the agreement provides otherwise.
Unrecouped synonyms: Not Yet Recouped, Outstanding Balance, Unrecovered
Example sentence: “Although the album sold well, the artist remained Unrecouped due to recording expenses.”
PRE-ORDER RECORDING BUSINESS DICTIONARY
