What does reimbursement mean?

Definitions for reimbursement
re·im·burse·ment

This dictionary definitions page includes all the possible meanings, example usage and translations of the word reimbursement.

Princeton's WordNet

  1. reimbursementnoun

    compensation paid (to someone) for damages or losses or money already spent etc.

    "he received reimbursement for his travel expenses"

Wiktionary

  1. reimbursementnoun

    The act of compensating someone for an expense.

Samuel Johnson's Dictionary

  1. Reimbursementnoun

    Reparation or repayment.

    Etymology: from reimburse.

    If any person has been at expence about the funeral of a scholar, he may retain his books for the reimbursement. John Ayliffe.

Wikipedia

  1. Reimbursement

    Reimbursement is the act of compensating someone for an out-of-pocket expense by giving them an amount of money equal to what was spent.Companies, governments and nonprofit organizations may compensate their employees or officers for necessary and reasonable expenses; under US law, these expenses may be deducted from taxes by the organization and treated as untaxed income for the recipient provided that accountability conditions are met. UK law provides for deductions for travel and subsistence. Reimbursement is also provided for supply, day care, mobile, medical, or education expenses, as determined by the payer. Similarly, a university, academic conference, or business conference may reimburse the expenses of an invited speaker or attendee. Reimbursement is also used in insurance, when a provider pays for expenses after they have been paid directly by the policy holder or another party. This is especially relevant in health insurance, due to urgency, high costs, and administrative procedures which may cause a healthcare provider to incur costs pending reimbursement by a private or public provider (in the US, e.g., Medicare or a Health Reimbursement Account). Segments of the healthcare industry, such as medical device manufacturers, rely on reimbursement for income and produce resources assisting their customers (hospitals, physicians, etc.) in obtaining reimbursement.Governments may reimburse taxpayers in several ways. A tax refund reduces the net tax paid, such as income tax, potentially to zero. Taxpayers may receive complete reimbursement for other taxes, such as for Value-added tax due to low income, subsequent export of the goods sold, or not being the final recipient. A local government may use reimbursement to reduce property taxes for a favored organization or low-income individual. Employee reimbursements for travel are very popular. Often times when an employee is travelling for work, they will need to track expenses and submit to their employer for reimbursement.

ChatGPT

  1. reimbursement

    Reimbursement is the act of compensating someone for an expense or loss they have incurred, typically by paying them the amount of money that was spent or lost. It often involves returning money that was already paid in relation to services or goods received.

Webster Dictionary

  1. Reimbursementnoun

    the act reimbursing

  2. Etymology: [Cf. F. rembursement.]

Wikidata

  1. Reimbursement

    Reimbursement is an act of compensating someone for an expense. Often, a person is reimbursed for out-of-pocket expenses when the person incurs those expenses through employment or in an account of carrying out the duties for another party or member. Common examples are firms compensating individuals who buy supplies for their companies, or firms compensating employees on field or out-of-town assignments who pay for their stay and transportation. Reimbursement can be of many types like day care, mobile expense, transport, medical expense, study expenditure

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Numerology

  1. Chaldean Numerology

    The numerical value of reimbursement in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of reimbursement in Pythagorean Numerology is: 9

Examples of reimbursement in a Sentence

  1. The FTC:

    The option to obtain reimbursement for alternative credit monitoring, as set forth originally in the class action settlement, was never intended to be a cash payout for all affected consumers.

  2. Kate Lorig:

    However, these are seldom reimbursed because they do not meet the billing code and all the other requirements for reimbursement.

  3. Letitia James:

    For years, Wayne LaPierre and Wayne LaPierre lieutenants skirted the law and pocketed millions from National Rifle Association coffers to fund lavish lifestyles that included private jets, pricey vacations, expensive meals, and no-show contracts, mr. LaPierre's reimbursement of just a fraction of the millions Wayne LaPierre personally profited from indicates how The NRA went unchecked under Wayne LaPierre leadership. There is no question that the rot runs deep, which is why our lawsuit will continue. We will not stop fighting until justice is served.

  4. Janette Dill:

    Long-term care is a sector that is largely paid for by Medicaid, and Medicaid has pretty low reimbursement rates, and so consequently, the wages in long-term care are pretty low. So there are lots of reasons people would want to leave long-term care.

  5. Rudy Giuliani:

    Some time after the campaign is over, they set up a reimbursement, $ 35,000 a month, out of Michael Cohen personal family account.

Popularity rank by frequency of use

reimbursement#10000#10188#100000

Translations for reimbursement

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"reimbursement." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/reimbursement>.

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