Out-Of-Pocket Expense
/ˌaʊt əv ˈpɒkɪt ɪkˈspɛns/
Definitions
- (n.) A cost paid directly by an individual, rather than covered by insurance or reimbursed, often in legal or insurance contexts.
The plaintiff claimed reimbursement for her out-of-pocket expenses incurred during the trial.
Forms
- out-of-pocket expense
- out-of-pocket expenses
Related terms
See also
Commentary
Typically refers to expenses that a party must personally bear, critical in calculating damages or insurance claims; ensure clarity whether the term covers all direct payments or only those unreimbursed.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.