Wrongfully keeping an overpayment is illegal and is called:

Question

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Conversion is the act of wrongfully using or disposing of someone else's property without their consent. In the context of an overpayment, keeping the excess amount not only breaches the terms of the original agreement but also implies that the recipient has knowingly appropriated the money that rightfully belongs to the payer. Retention, on the other hand, is simply the act of holding onto something, which may be lawful or unlawful depending on the circumstances. Fraud and embezzlement involve deliberate deception or theft, respectively, which may not always apply in cases of overpayments.

Wrongfully Keeping an Overpayment Is Illegal and Is Called