What is the definition of Accountable plan? | Dictionary.net

ACCOUNTABLE PLAN

\ɐkˈa͡ʊntəbə͡l plˈan], \ɐkˈa‍ʊntəbə‍l plˈan], \ɐ_k_ˈaʊ_n_t_ə_b_əl p_l_ˈa_n]\

Definitions of ACCOUNTABLE PLAN

1910 - Black's Law Dictionary (2nd edition)

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A plan where employees who are given a sum of money are expected to use it for expenses and return the rest. Their taxable income is the same.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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