Reimbursement

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Reimbursement

Payment made to someone for out-of-pocket expenses has incurred.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Third party reimbursement is minor, although most noted focusing some marketing energy in developing relationships with these payers.
Hotelling entitled "Is There Third Party Payment for Doulas?" discusses insurance reimbursement in greater detail and suggests using DONA's committee for Third Party Reimbursement as a clearing house for insurance successes (and failures).
Without adequate third party reimbursement, our program could not survive.

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