REIMBURSES Meaning and
Definition
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Reimburses is a verb that refers to the act of repaying or compensating someone for expenses, losses, or damages incurred. It involves remunerating or reimbursing an individual or entity for money spent on behalf of another party or for expenses directly related to a specific purpose.
When someone is reimbursed, they receive the amount of money that they had previously spent or lost, often after providing evidence or documentation that supports their claim. This process is typically applied in various contexts, such as travel and business expenses, insurance claims, medical bills, or even refunding customers for faulty or returned merchandise.
Reimbursing implies a sense of restitution or indemnification, as the responsible party is compensating the affected individual for their financial burden. The repayment can involve the entire amount spent or a partial reimbursement that covers part of the expenses. It can be provided through various means, such as direct payment, crediting an account, or issuing a refund.
Reimbursement is an important aspect of financial management, ensuring fairness and responsibility in transactions and agreements. By reimbursing individuals for their legitimate expenses and losses, it promotes trust, mutually beneficial relationships, and encourages accountability for financial obligations.
Top Common Misspellings for REIMBURSES *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for REIMBURSES
Etymology of REIMBURSES
The word "reimburses" has a Latin origin. It derived from the Latin word "reimburso", which means "to repay" or "to refund". The prefix "re-" in Latin signifies "back" or "again", while the word "imburso" refers to "in purse", indicating the act of taking money back into one's possession. Over time, "reimburso" evolved into "reimbursare" in Late Latin and then into "reimburses" in Middle English, retaining its fundamental meaning of repaying or refunding.
Similar spelling words for REIMBURSES
Conjugate verb Reimburses
CONDITIONAL
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FUTURE
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FUTURE PERFECT
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PAST
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PAST PERFECT
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PRESENT
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reimburse
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PRESENT PERFECT
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