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 ?
8 million to reimburse the cleaning of flood damage at its distribution center.
In Situation 2, A is covered by an HDHP, a health FSA and an HRA that pay or reimburse medical expenses incurred before A satisfies the minimum annual deductible under Sec.
We do have a 25-mile radius that we don't reimburse in,' said Tom Hood, a POST spokesman.
Of the total amount, more than $281 million was designated to reimburse for eligible emergency protective measures taken during the August disaster.
The notes provide funding of approved claims under the Petroleum Environmental Cleanup Funds Award program (PECFA), which reimburses owners of petroleum storage tanks for 75-99% of cleanup costs related to soil and groundwater contamination.
Film California First reimburses qualified production companies up to $300,000 per production for the cost of public labor (excluding local police), and greatly reduces the location, film permit and public equipment fees incurred when filming on public property in California.
The program reimburses disaster-related expenses to eligible local, state and certain private nonprofit entities in 26 designated parishes to repair or replace disaster-damaged facilities and infrastructure.
Hospitals are reimbursed for the use of the AngioJet System under other reimbursement structures, but the CPT code now reimburses physicians for their professional services during a coronary thrombectomy.
CA) today announced an innovative program that reimburses CA employees up to $5,000 for each child they adopt, with a maximum of $10,000 payable to one family within a two year period.