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

Workers at Meta have reportedly been sacked for abusing the tech firm's meal voucher system, such as using it to buy toothpaste and washing powder.

From BBC • Oct. 17, 2024

Council members introduced a bill this week that would provide grant funding to local news outlets based on a voucher system.

From Washington Times • Oct. 25, 2023

The very first modern voucher system was in Milwaukee.

From Seattle Times • Sep. 12, 2023

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

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