voucher system


noun

Accounting. a procedure for controlling disbursements by means of vouchers.
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 his or her parents can select a participating public or private school.

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Origin of voucher system

First recorded in 1880–85

Words nearby voucher system

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020