reimbursementestimate
nounUK /ˌriːɪmˈbɜːsmənt ˈɛstɪmət/
US /ˌriːɪmˈbɜːrsmənt ˈɛstɪmət/
A guess about how much money someone will pay you back.
The company gave me a reimbursementestimate for my travel costs before the trip.
RELATED WORDS
OTHER MEANINGS
2. A rough calculation of money owed to an employee for work expenses.
Please submit your receipts so we can prepare a reimbursementestimate.
3. An approximate figure used in budgeting for future repayments.
The finance team included a reimbursementestimate in next quarter's budget.
4. A preliminary quote given to a customer about money they will get back.
The insurance agent provided a reimbursementestimate after the accident.