| 释义 |
out-of-pocket expenses
out-of-pocket expensesFig. the actual amount of money spent. (Alludes to the money one person pays while doing something on someone else's behalf. One is usually paid back this money.) My out-of-pocket expenses for the party were nearly $175. My employer usually reimburses all out-of-pocket expenses for a business trip.See also: expenseout-of-pocket expenses
out-of-pocket expensesn. moneys paid directly for necessary items by a contractor, trustee, executor, administrator or any person responsible to cover expenses not detailed by agreement. They may be recoverable from a defendant in a lawsuit for breach of contract, allowable for reimbursement by trustees, executors or administrators, or deductible by a landlord from a tenant's security deposit for damages beyond normal wear and tear. Out-of-Pocket Expenses
Out-of-Pocket ExpensesExpenses that one must pay from one's personal, instead of business, income. Out-of-pocket expenses include mundane, recurring expenses such as paying the home electric bill or buying groceries. Often, however, the term refers to expenses incurred by an employee in the service of the employer. For instance, an employee may buy a more efficient computer program to accomplish his/her office work. These out-of-pocket expenses are usually reimbursed by the employer. Some out-of-pocket expenses, especially those related to education or health care, are tax deductible. |