Unreimbursable
Unreimbursable refers to expenses or costs that cannot be repaid or compensated by a third party. Typically, it describes financial obligations that a person or organization has incurred without any expectation or possibility of recuperating those funds. Such expenses may arise from specific policies or regulations that explicitly state which costs are non-recoverable.
Unreimbursable meaning with examples
- After the conference, I reviewed the expenses I had incurred. Unfortunately, several of them were deemed unreimbursable, such as my travel to some extra networking events that were not included in the agenda, meaning I would have to bear those costs myself.
- The organization had a clear policy regarding unreimbursable expenses, stating that personal meals and entertainment costs would not be covered. Consequently, employees were encouraged to keep their spending on business outings within strict guidelines to avoid financial loss.
- When I submitted my expense report, I was surprised to find that some of my costs were classified as unreimbursable. This included the parking fees from during a team-building retreat, which the company had previously overlooked as covered expenses.
- As a freelancer, it’s crucial to understand which of your expenses could be considered unreimbursable. Many clients will not cover travel expenses for meetings if they are seen as optional, which can directly affect your overall earnings during a project.