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Reimbursement vs Repayment - What's the difference?

reimbursement | repayment |

As nouns the difference between reimbursement and repayment

is that reimbursement is the act of compensating someone for an expense while repayment is the act of repaying.

reimbursement

English

Noun

(en noun)
  • (business, management, accounting) The act of compensating someone for an expense.

    • Hypernyms

    * compensation, payment

    repayment

    English

    Noun

    (en noun)
  • the act of repaying
  • the money or other resource that is repaid