Reimbursement (noun)

1. The act of compensating someone for money spent or loss sustained.
2. The process of paying back an amount to someone.

Origin:

Late 16th century, from french remboursement, from rembourser, meaning "to repay".

Examples:

1. The reimbursement for the damaged goods was made promptly.
2. The reimbursement process for the medical expenses was smooth and efficient.
3. The reimbursement for the cancelled flight was a welcome surprise.
4. The reimbursement for the lost luggage was inadequate.
5. The reimbursement policy for the company is generous and employee-friendly.