out-of-pocket expenses (redirected from Out of Pocket Expense)

out-of-pocket expenses n. 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.

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out-of-pocket expenses noun administrative reembursable expenses, defrayal, defrayment, disbursement, entertainment expenses, expenses, individual expenses, itemized expenses, payments, recompense, recoupment, remittance, remuneration, repayment, travel expenses
Associated concepts: out-of-pocket rule