Reimbursements
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Reimbursements are compensation paid for money already spent. Payments made for money already spent (for example, a company pays an employee for the cost of travel or supplies after the employee has spent his or her own money).
Definition
According to the HRBoK Guide,
- Reimbursements. Compensation paid for money already spent. Payments made for money already spent (for example, a company pays an employee for the cost of travel or supplies after the employee has spent his or her own money).
