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  2. Reimbursement is money paid to an employee or customer, or another party, as repayment for a business expense, insurance, taxes, or other costs.
    www.investopedia.com/terms/r/reimbursement.asp
    reimbursement noun [ C or U ] formal us / ˌriː.ɪmˈbɝːs.mənt / uk / ˌriː.ɪmˈbɜːs.mənt / Add to word list the act of paying back money to someone who has spent it for you or lost it because of you, or the amount that is paid back:
    dictionary.cambridge.org/us/dictionary/english/reim…
     
  3. People also ask
    What is the difference between insurance and reimbursement?The insurance provides reimbursement of the expenses actually incurred as a result of an accident or sickness that do not exceed any amount specified in the policy. Reimbursement is payment of the expenses incurred as a loss covered by an insurance policy. Collins COBUILD Key Words for Insurance.
    What does reimbursement mean?Get a quick, free translation! REIMBURSEMENT definition: 1. the act of paying back money to someone who has spent it for you or lost it because of you, or…. Learn more.
    What is the difference between reimbursement and per diem?Reimbursement is money paid to an employee or customer, or another party, as repayment for a business expense, insurance, taxes, or other costs. Business expense reimbursements include out-of-pocket expenses, such as those for travel and food. Per diem rates are daily rates paid to employees as reimbursement for business trips.
    What is another word for reimburse?Some common synonyms of reimburse are compensate, indemnify, pay, recompense, remunerate, repay, and satisfy. While all these words mean "to give money or its equivalent in return for something," reimburse implies a return of money that has been spent for another's benefit. When is compensate a more appropriate choice than reimburse?
     
  4. Dictionary

    re·im·burse
    [ˌrēəmˈbərs]
    verb
    reimburse (verb) · reimburses (third person present) · reimbursed (past tense) · reimbursed (past participle) · reimbursing (present participle)
    1. repay (a person who has spent or lost money):
      "the investors should be reimbursed for their losses"
    Origin
    early 17th century: from re- ‘back, again’ + obsolete imburse ‘put in a purse’, from medieval Latin imbursare, from in- ‘into’ + late Latin bursa ‘purse’.
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    WebA reimbursement is a repayment for money you've already spent. When you travel for work, you get a reimbursement for your work-related expenses, like hotel bills and plane tickets, but you'll have to pay for that …

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