Reimbursement

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Reimbursement

Payment made to someone for out-of-pocket expenses has incurred.

Reimbursement

The act or concept of repaying a person or organization for expenses it incurred that rightly belonged to another party. Reimbursement is common between employees and employers. For example, if an employee pays for his/her own hotel room while on a business trip, the employer will likely reimburse him.
References in periodicals archive ?
However, the agency will reimburse applicants 90 percent of eligible expenses given the magnitude of the August 2016 floods.
411 merely because it also permitted amounts held in the MIKA to be distributed both before and after severance of employment to reimburse medical expenses (or to pay the cost of major medical insurance, as described in Rev.
In addition, the FSA and HRA pay or reimburse preventive care benefits, as described in Notice 2004-23.
The fund will reimburse retirees and surviving spouses for part of the Medicare Part B monthly premiums paid during the first six months of this year.
NCEH's insurance carrier will contribute to a settlement fund (the "Settlement Fund") in connection with the Settlement and also reimburse NCEH for certain legal and professional fees, which will also be contributed to the Settlement Fund.
105(b) applies only to amounts paid specifically to reimburse medical care expenses and does not apply to amounts that the employee would be entitled to receive irrespective of whether he or she incurs medical care expenses.
Instead, the Burbank Airport Authority has been given 30 days to appraise 55 acres of the 139-acre site at issue and reimburse the FAA for their fair market value - roughly $25 million.
First, Port Authority management will likely need to reimburse P&O for investments made at the terminal since 2001.
In addition, the Manager and the Portfolio Manager will reimburse the Fund for any excess management fees they received as a result of incorrect valuations.
I suggest that legislators do the right thing and begin legislating changes such as mandating a pay scale according to experience, decreasing the required costly continuing education units and requiring third-party payers to reimburse us when we employ interns who work with clients.
105(b) provides that gross income does not include amounts paid (directly or indirectly) to a taxpayer to reimburse him or her for expenses incurred for medical care (as defined in Sec.
Cherokee has also agreed to pay $250,000 to reimburse the city for half of what it paid to hire technical and legal consultants to develop a strategy for the Bermite property.