Reimbursement: meaning, definitions and examples
💸
reimbursement
[ rɪɪˈmɜːs.mənt ]
financial
The act of compensating someone for an expense or loss they have incurred. Reimbursement is often done by giving back the exact amount that was spent.
Synonyms
compensation, refund, repayment
Examples of usage
- Employees can submit receipts for reimbursement of business expenses.
- The insurance company provided reimbursement for the damage to the car.
Translations
Translations of the word "reimbursement" in other languages:
🇵🇹 reembolso
🇮🇳 प्रतिपूर्ति
🇩🇪 Rückerstattung
🇮🇩 penggantian
🇺🇦 відшкодування
🇵🇱 zwrot
🇯🇵 払い戻し
🇫🇷 remboursement
🇪🇸 reembolso
🇹🇷 geri ödeme
🇰🇷 환급
🇸🇦 تعويض
🇨🇿 náhrada
🇸🇰 náhrada
🇨🇳 报销
🇸🇮 povračilo
🇮🇸 endurgreiðsla
🇰🇿 қайтарым
🇬🇪 ანაზღაურება
🇦🇿 geri ödəniş
🇲🇽 reembolso
Word origin
The word 'reimbursement' originated from the Latin word 're-' meaning back, and 'imbursement' meaning payment or expense. It first appeared in English in the 17th century. The concept of reimbursement has been prevalent throughout history, with various methods of compensating for expenses or losses evolving over time.