Reimbursement Policy
/ˌriːɪmˈbɜːrsmənt ˈpɒləsi/
Definitions
- (n.) A set of rules or guidelines established by an organization or insurer to govern the repayment of expenses incurred by employees or policyholders.
The reimbursement policy requires employees to submit receipts within 30 days for travel expenses.
Forms
- reimbursement policy
- reimbursement policies
Related terms
See also
Commentary
Reimbursement policies are often tailored to specific organizational contexts and may stipulate documentation requirements and eligible expenses.
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.