reimbursement

/,ri:im'bə:smənt/

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Explanation of the Word "Reimbursement"

Definition:
"Reimbursement" is a noun that means to get money back for something you have already paid for or to be compensated for expenses you have incurred. It usually happens when someone spends money on behalf of someone else or for a specific purpose and then gets that money returned to them.

Advanced Usage:

In more formal settings, "reimbursement" can also refer to the process of filing for a refund or getting approval for expenses. For instance, businesses may require employees to fill out forms to receive reimbursement for work-related expenses.

Word Variants:

• Reimburse (verb): To pay back money that someone has spent.
  • Example: "The company will reimburse you for your hotel stay."
• Reimbursable (adjective): Something that can be reimbursed.
  • Example: "Travel costs are reimbursable if they are approved."

Different Meanings:

While "reimbursement" primarily refers to paying back money, it can also imply compensation for losses or damages, especially in insurance contexts.

Synonyms:

• Refund
• Compensation
• Repayment
• Recompense

Idioms and Phrasal Verbs:

There aren't specific idioms or phrasal verbs that use "reimbursement," but you might encounter phrases like: - "Get reimbursed" - to receive money back for expenses. - Example: "Make sure to keep your receipts so you can get reimbursed for your expenses."

Summary:

In summary, "reimbursement" is about getting money back for expenses you've already paid. Use it when discussing finances, particularly in contexts related to business or travel expenses.

Academic

Noun

1. compensation paid (to someone) for damages or losses or money already spent etc.
   • he received reimbursement for his travel expenses