Reimbursement - Wikipedia Reimbursement is the act of compensating someone for an out-of-pocket expense by giving them an amount of money equal to what was spent [1]
Reimbursement: Definition, How It Works, Types, and Examples Reimbursement refers to the process of compensating someone for out-of-pocket expenses, overpayments, or other costs incurred It is most commonly used in business, insurance, and tax situations
REIMBURSEMENT Definition Meaning | Dictionary. com A 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 trip to the circus yourself
Reimbursement definition — AccountingTools What is Reimbursement? A reimbursement is a payment made to another party that has incurred an expense on behalf of the paying entity Reimbursements are commonly made to employees via their expense reports when they expend funds on behalf of their employers
Understanding reimbursement: Types, benefits, and best practices Reimbursement is the act of paying someone back for expenses they have paid on behalf of another person or organization This could be for work-related travel, medical bills, or other costs that someone incurs but expects to be repaid for