Is reimbursable a word?

Last Update: April 20, 2022

This is a question our experts keep getting from time to time. Now, we have got the complete detailed explanation and answer for everyone, who is interested!

Asked by: Elroy Dickinson
Score: 4.1/5 (40 votes)

Capable of being reimbursed. Calling your wife on company time is not a reimbursable expense.

What does reimbursable mean?

1 : to pay back to someone : repay reimburse travel expenses. 2 : to make restoration or payment of an equivalent to reimburse him for his traveling expenses.

How do you spell reimbursable?

verb (used with object), re·im·bursed, re·im·burs·ing. to make repayment to for expense or loss incurred: The insurance company reimbursed him for his losses in the fire. to pay back; refund; repay.

Is reimbursement a real word?

Reimbursement comes from the Latin root words re, meaning again; in, meaning into; and bursa, meaning purse. So the word reimbursement literally means in a purse again.

Is it reimburse or reimbursed?

verb (used with object), re·im·bursed, re·im·burs·ing. to make repayment to for expense or loss incurred: The insurance company reimbursed him for his losses in the fire. to pay back; refund; repay.

Reimburse | Definition of reimburse 📖 📖 📖 📖

18 related questions found

How do you use the word reimbursement?

Reimburse in a Sentence ?
  1. To make the trip more affordable, my company is going to reimburse me for all expenses.
  2. The boy who broke my window has to reimburse me for the damage.
  3. If I deliver pizza will the company reimburse me for mileage? ...
  4. Mrs.

How do you ask for reimbursement of travel expenses?

How to ask for travel reimbursement
  1. Start with a subject line. ...
  2. Address the recruiter. ...
  3. Introduce yourself. ...
  4. State that you have an interview. ...
  5. Ask about travel reimbursement. ...
  6. Conclude with your contact information.

What is the difference between reimbursement and compensation?

Reimbursement is used when the subject is paid back for travel expenses such as mileage, lodging, food while traveling. Compensation is "payment" for things such as time, discomfort, inconvenience.

What does remunerate mean in English?

transitive verb. 1 : to pay an equivalent for their services were generously remunerated. 2 : to pay an equivalent to for a service, loss, or expense : recompense.

What is the best definition of reimbursement?

Reimbursement is money paid to an employee or customer, or another party, as repayment for a business expense, insurance, taxes, or other costs.

What does not reimbursable mean?

Non-reimbursable expenses means costs and expenses of Operator that are not to be funded or reimbursed by MSC (whether as Costs of Operations or otherwise) nor may amounts in respect thereof be withdrawn from the Costs of Operations Account, unless otherwise agreed in writing by the parties and the Shareholders.

What's the meaning of re inverse?

To invert or reverse once more.

What does Imburse someone mean?

(transitive, obsolete) To pay back money that is owed; to refund, to repay, to reimburse.

What is a non reimbursable expense?

Non-reimbursable expenses are items or services purchased that will not be reimbursed due to non-compliance of policies and/or procedures. The list below is non-inclusive of non-reimbursable expenses.

What is reimbursable contract?

A cost reimbursable contract (sometimes called a cost plus contract) is one in which the contractor is reimbursed the actual costs they incur in carrying out the works, plus an additional fee. ... The costs for which the contractor is entitled to be reimbursed must be set out very clearly in the contract.

What does Warpy mean?

to bend or turn from the natural or true direction or course. to distort or cause to distort from the truth, fact, true meaning, etc.; bias; falsify: Prejudice warps the mind. Aeronautics. to curve or bend (a wing or other airfoil) at the end or ends to promote equilibrium or to secure lateral control.

What does the word Guerdoned mean?

guerdon • \GUR-dun\ • noun. : reward, recompense.

What does remunerate mean in law?

610. Remuneration means any payment in money or in kind, or both in money and in kind, made or owing to any person in return for that person working for any other person, including the State; Sample 1.

What is reimbursement compensation?

Reimbursement is the compensation paid out by an organisation for the expenses made by an employee from his or her own pocket. ... Reimbursement of business expenses, overpaid taxes, and insurance costs are the most common examples. One should note that reimbursement is not subject to taxation.

Does reimbursement count as compensation?

Reimbursement is not a form of compensation. It is money you receive for paying out of your own pocket for expenses that are a financial obligation of another party. Employers frequently reimburse their employees for company-sponsored travel and meals.

What is reimbursement account?

A reimbursement account is a type of account where employees get reimbursed for any company related expenses that they might incur. A reimbursement account is usually linked with the employee's salary account and does not have a minimum balance requirement.

How do I write a letter for travel expenses?

Here I would like to request reimbursement of my travel expenses for an amount of 5800 Rs which I spent for attending the interview and please find all the bills attached with this email. I shall be thankful to you in this matter. Thanking you.

How do I ask for approval for reimbursement?

Respected Sir/Madam, This is to bring in your notice, that my name is _____________ (Name), and I am from _________ (Department). My ID Number is ____________ (ID Number). I am writing this letter to present before you the expenses done on __________ (Date) for ___________ (Mention the details of expenses).

How do I request mileage reimbursement?

Tips for asking your employer for mileage reimbursement
  1. Calculate your current/intended mileage ahead of time. ...
  2. Calculate how much this translates into cost. ...
  3. Complete your calculation. ...
  4. Discuss available reimbursement rates. ...
  5. Discuss a record-keeping process.