reimbursement
UK: ˌriːɪmˈbɜːsmənt | US: ˌriːɪmˈbɜːrsmənt
n. the act of repaying someone for an expense or loss incurred
n. the amount of money paid back for such an expense
The word "reimbursement" traces back to the French reimbourser (to repay), combining "re-" (again) + "en-" (in) + "bourse" (purse, from Latin bursa). The core idea is "putting money back into the purse." The suffix "-ment" nominalizes the action. Over time, "bursa" (Latin for bag/purse) evolved into financial contexts, reflecting the literal and figurative return of funds.
Employees must submit receipts for reimbursement within 30 days.
The insurance company processed her reimbursement quickly.
Travel reimbursement policies vary by company.
He received full reimbursement for the damaged equipment.
Delays in reimbursement can cause financial strain.