Reimburse
To reimburse means to compensate someone for expenses or losses they have incurred, typically by paying back the amount spent. This financial action can occur in various contexts, including business transactions, employee reimbursements for work-related expenses, or any situation where one party needs to restore funds to another after they have made an outlay or incurred a cost.
Reimburse meaning with examples
- After returning from the business trip, Sarah filled out her expense report to reimburse herself for the airfare and hotel costs. It was essential to keep all receipts for the accounting department to process her reimbursement accurately and ensure she received the funds back promptly.
- John lent his friend money to fix his car, agreeing to reimburse him once he received his paycheck. Understanding the financial strain, he promised to pay back the amount swiftly, ensuring there would be no awkwardness or delay in their friendship due to financial issues.
- The company has a clear policy regarding reimbursement for employees who incur out-of-pocket expenses during work-related travel. Employees must submit receipts along with a completed expense report to ensure timely reimbursement and to help manage the company's budget effectively.
- After a long negotiation, the client finally agreed to reimburse the contractor for the additional expenses incurred during the renovation project. Both parties signed a contract amendment outlining the new payment terms to ensure clarity and avoid future disputes over costs.
- During the charity event, attendees were encouraged to donate, and any volunteer expenses would be reimbursed. This policy ensured that those giving their time and resources could participate without the burden of out-of-pocket costs, thereby increasing volunteer participation.
Reimburse Crossword Answers
5 Letters
REPAY
6 Letters
REFUND
RECOUP
9 Letters
INDEMNIFY
10 Letters
COMPENSATE