Reimbursement Law and Legal Definition
Reimbursement is the act of paying someone for expenses they have paid. For example, in 1996, as part of the Omnibus Consolidated Appropriations Act for Fiscal Year 1997 ("Omnibus Act"), Congress enacted legislation authorizing the reimbursement of "qualified employees" of the government for up to one-half the costs incurred by such employees for professional liability insurance.
Reimbursement occurs in many contexts and is governed by federal, state, and local laws, as well as contract law. Reimbursement may be partial or full payment of expenses incurred. Reimbursement payments may be taxable depending on applicable laws.
Legal Definition list
Related Legal Terms
- Accountable Reimbursement Plan
- Cost-Reimbursement Contract
- Federal Reimbursement Ratio [Energy]
- Fee-for-Service Reimbursement
- Health Reimbursement Accounts (HRA)
- Health Reimbursement Arrangement (Health Care)
- Qualified Bicycle Commuting Reimbursement
- Qualified Moving Expense Reimbursement
- Reimbursement Alimony
- Transfer with Reimbursement
