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voucher system

American  

noun

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

  2. Also called voucher planEducation. 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.


Etymology

Origin of voucher system

First recorded in 1880–85

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

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

The voucher system started in 2011 with a small program that only applied to disabled children, who can receive up to $40,000 a year for specialized therapy.

From Washington Times Sep. 30, 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

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