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 ?
Some OTC items will not be reimbursed under any circumstances since they are toiletries or cosmetics or likely to be primarily for general health and well-being.
Below is a sample of other flood-related expenses recently reimbursed by FEMA:
Therefore, under section 274(n)(2)(D), XYZ'S deduction for the M&E portion of the moving expenses reimbursed to the employee is not subject to the 50% limitation.
FEMA continues working with its local and state partners to ensure they are reimbursed all eligible disaster-related expenses.
Then, E reimbursed such employees for parking expenses in an amount that caused the employees' net after-tax pay to be the same as it was before the reduction for parking costs.
According to the report, the county reimbursed the developer - Watt Land - for the value of two wells that totaled $313,000.
The employer reimbursed the employee for the amount spent, resulting in a wash" for the employee on his personal individual tax return.
Under CMS' proposed rule, Invacare's HomeFill Oxygen System will be reimbursed at the highest level.
However, the medical expenses paid or reimbursed by the health FSA and HRA include only vision and dental benefits (which are permitted coverage) and preventive care.
According to Cooley, Archibald, one of Casden's senior executives, was laundering political contributions - in order to skirt campaign fund-raising limits - through subcontractors, their families, friends and employees who were later reimbursed.
The new rules, which reflect changes to the tax law under the Family Support Act of 1988, prohibit an employee from claiming an adjustment to income for reimbursed employee expenses "unless the expenses are reimbursed under an arrangement that requires substantiation and any excess expenses are returned to the employer.
The enhanced GlobaLink capabilities will allow Gelco Expense Management's clients to standardize processes, reduce costs and increase employee satisfaction by making it easier for business travelers to file expenses and be reimbursed quickly.