reimbursement
/ˌriːɪmˈbəːsm(ə)nt
/noun [mass noun]
1The action of repaying a person who has spent or lost money: reimbursement of everyday medical costs...
- Now in her second year of nursing school, she is receiving full tuition reimbursement from her employer.
- The company provides its travel agents with enviable benefits, such as free airplane tickets, or reimbursement for educational expenses.
- She says she got "bad information" from equipment vendors about the level of reimbursement.
1.1 [count noun] A sum paid to cover money that has been spent or lost: the family received insurance reimbursements...
- With 30 patients, the facility generates just over $1 million in annual revenues, derived primarily from Medicaid reimbursements.
- The company provides tuition reimbursements to employees who have worked a year or more.
- Small co-payments are attached to some of these reimbursements.