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- Reimbursement is money paid to an employee or customer, or another party, as repayment for a business expense, insurance, taxes, or other costs1. It is the act of paying back money to someone who has spent it for you or lost it because of you2. Reimbursement can also refer to the amount that is paid back2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.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.aspreimbursement 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…
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- verbreimburse (verb) · reimburses (third person present) · reimbursed (past tense) · reimbursed (past participle) · reimbursing (present participle)Originearly 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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