What Does Reimbursable Mean?

transitive verb. 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.

What does reimbursable expense mean?

Also known as billable expenses, reimbursable expenses are expenses incurred by you on your clients' behalf while delivering work. ... In either case, they're reimbursable because they're out-of-pocket, and you can charge them to your client.

Is reimbursement the same as refund?

As verbs the difference between reimburse and refund

is that reimburse is to compensate with payment; especially, to repay money spent on one's behalf while refund is to return (money) to (someone); to reimburse.

Sarah Jenkins

Sarah Jenkins

Senior Technology Editor & AI Specialist

Sarah Jenkins is a veteran tech journalist with over 12 years of experience covering artificial intelligence, mobile innovations, and digital ethics. Her insights have appeared in leading technology publications worldwide.