reimbursement

reimbursement definition - business

reimbursement

Payment to compensate someone for an expense that has been incurred. For example, a job applicant receives reimbursement for travel expenses.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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