What is Reimbursement?

Class action glossary term

Short Definition

A settlement benefit that pays you back for certain qualifying expenses, usually with documentation and a maximum cap.

What It Means

Reimbursement benefits typically require proof of the expense and may have limits per person. Some settlements reimburse only specific categories (repairs, replacement, identity theft costs) and require that expenses fall within certain dates.

Example

Example: Up to $300 for repairs with invoices and proof you owned the covered product.

Why It Matters

If you have real costs, reimbursement can be worth more than the flat payment.

Related Terms

Primary Source

Transparency

This class action term is explained for general informational purposes only and does not constitute legal advice. Definitions and applications may vary by jurisdiction and case context.

To see how this term is applied in real cases, explore current and past class action settlements.

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