What context can I use each word in?
Learn when and how to use these words with these examples!
reimbursable
Example
The company has a reimbursable expenses policy for business travel. [reimbursable: adjective]
Example
Please keep all your receipts for reimbursable expenses. [reimbursable: noun]
refundable
Example
This item is refundable within 30 days of purchase. [refundable: adjective]
Example
The hotel requires a refundable deposit for incidentals. [refundable: noun]
Good things to know
Which word is more common?
Refundable is more commonly used than reimbursable in everyday language. Refundable is a term that is frequently used in consumer transactions, such as retail purchases, while reimbursable is more commonly used in business or insurance contexts.
Whatโs the difference in the tone of formality between reimbursable and refundable?
Reimbursable is a more formal and technical term, often used in legal or professional settings. Refundable, on the other hand, is a more casual term that is used in everyday language and consumer transactions.