reimbursement

[ree-im-burs-muhnt]

noun

1. repayment for an expense or loss incurred.

   Visitors will receive reimbursement for travel and housing expenses.

Other Word Forms

• nonreimbursement noun

Word History and Origins

Origin of reimbursement¹

reimburse ( def. ) + -ment ( def. )

Example Sentences

Known as the mandatory reimbursement requirement it obliges banks to refund most victims of push payment fraud - when victims are tricked and manipulated into transferring money to criminals themselves.

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Anya Eckert, director of La Casita Preschool in Santa Fe, is worried the state’s reimbursement rates might not match what her business charges for part-time care, which is in high demand.

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As markets such as Brazil and Europe open up and reimbursement improves, investors could realize that the global opportunity for GLP-1s might be the real sleeping giant in Lilly’s story.

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“I don’t know how any counsel in good faith could submit something like that for reimbursement of expenses, saying it’s reasonably related to the defense of a criminal action.”

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There are three types of commonly used accounts in which individuals have control over their own healthcare spending: health savings accounts, flexible spending accounts and health reimbursement arrangements.

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Related Words

• payment 
• remuneration 
• repayment www.thesaurus.com
• restitution