voucher system

American  

noun

1. Accounting. a procedure for controlling disbursements by means of vouchers.

2. Also called voucher plan.  Education. a plan in which each school-age child receives a publicly funded entitlement worth a fixed amount of money with which their parents or guardians can select a participating public or private school for the child to attend.

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Etymology

Origin of voucher system

First recorded in 1880–85

Example Sentences

The result is a widespread meal voucher system dominated by Sodexo and Edenred, along with privately held rivals Alelo and VR, all of whom also manage other employee benefits.

From Reuters • Mar. 31, 2023

Given the delays with the voucher system, local service providers are utilizing preexisting rapid rehousing subsidies to get clients into housing.

From Los Angeles Times • Dec. 13, 2022

Bars in Qatar typically scan IDs of those heading in, with many working on a voucher system during the tournament to make sure fans spend at least certain amount.

From Washington Times • Dec. 5, 2022

It also urges government to introduce a voucher system, using money set side by central government for disadvantaged children.

From BBC • Sep. 7, 2017

He introduced a voucher system, which at first functioned as a form of credit, but gradually became a substitute for legal tender.

From "The House of the Spirits: A Novel" by Isabel Allende