Meaning of the word reimbursable in English

What does reimbursable mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

reimbursable

US /ˌriː.ɪmˈbɜːr.sə.bəl/
UK /ˌriː.ɪmˈbɜː.sə.bəl/

Adjective

able to be repaid or compensated for money spent or losses incurred

Example:
Travel expenses for the business trip are reimbursable.
Make sure to keep all receipts for reimbursable expenses.