reimburse


re·im·burse

verb \ˌrē-əm-ˈbərs\

: to pay someone an amount of money equal to an amount that person has spent

re·im·bursedre·im·burs·ing

Full Definition of REIMBURSE

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>
re·im·burs·able \-ˈbər-sə-bəl\ adjective
re·im·burse·ment \-ˈbərs-mənt\ noun

Examples of REIMBURSE

  1. <make sure you keep your receipts so we can reimburse you for your expenses>

Origin of REIMBURSE

re- + obsolete English imburse to put in the pocket, pay, from Medieval Latin imbursare, from Latin in- in- + Medieval Latin bursa purse — more at purse
First Known Use: circa 1611

Related to REIMBURSE

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

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