Definitions from Wiktionary (overage)

▸ adjective:  Having an age that is greater than a stipulated minimum.
▸ adjective:  Too old to be of use in a particular situation.
▸ verb:  To have too long an aging process.
▸ noun:  A surplus of inventory or capacity or of cash that is greater than the amount in the record of an account.
▸ noun:  Excess; a state of being more than it ought to be.
▸ noun:  (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.
▸ Also see overage



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