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What does reimbursement mean?

Looking for the meaning or definition of the word reimbursement? Here's what it means.

Noun
  1. (business, management, accounting) The act of compensating someone for an expense.
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We now have a transparent reimbursement system that gushes forth so much information that genuine understanding often still eludes us.
Should they be disentitled to reimbursement for these expenses once the court has determined they have been wronged?
Three million policies nationwide could be eligible for reimbursement under this settlement.
But consecutive markups sometimes price the product out of the arena where reimbursement is available.
Vouchers for reimbursement of imprest accounts should be prepared and submitted to accounts payable within the month.
There might be punitive damages as well as reimbursement of litigation costs and legal fees.

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