Reimbursement
/ˌriːɪmˈbɜːrsmənt/
Definitions
- (n.) The act of compensating someone for an expense or loss incurred.
The company provided reimbursement for all travel expenses.
- (n.) The sum paid back to cover costs initially paid by another party.
She filed a claim for reimbursement of her medical bills.
Forms
- reimbursements
Related terms
Commentary
Use precisely to denote repayment of actual expenses rather than punitive or exemplary damages.
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.