reimbursable
Definition
Adjective: "reimbursable" describes something that is eligible to be repaid or compensated for, typically money spent by someone that is later returned by another party, such as an employer or insurance company.
Usage Examples
- (The money you spend on travel can be paid back to you.)
- (The price cannot be refunded or compensated.)
Advanced Usage
"Reimbursable expenses": specific costs that an organization agrees to repay to an employee or individual.
- The company policy lists all reimbursable expenses, including meals and transportation. (The rules state which costs will be paid back.)
"Non-reimbursable": the opposite, meaning not eligible for repayment.
- Personal entertainment costs are non-reimbursable. (You cannot get money back for them.)
Variants and Related Words
Reimburse (verb): to pay back money to someone for expenses they have incurred.
- The insurance company will reimburse you for the medical bills. (They will give you the money you spent.)
Reimbursement (noun): the act of paying back money, or the amount paid back.
- She received full reimbursement for her business trip. (She got all her money back.)
Synonyms
- Refundable: able to be given back or repaid, often used for deposits or payments.
- Repayable: able to be paid back, typically under an agreement.
Related Idioms
- To get your money back: to receive repayment for something you paid for.
- If the product is defective, you can get your money back. (You will be reimbursed.)
Phrasal Verbs
- Pay back: to return money that was borrowed or spent.
- The company will pay back all travel costs. (They will reimburse you.)