NONACCOUNTABLE PLAN
\nˌɒnɐkˈa͡ʊntəbə͡l plˈan], \nˌɒnɐkˈaʊntəbəl plˈan], \n_ˌɒ_n_ɐ_k_ˈaʊ_n_t_ə_b_əl p_l_ˈa_n]\
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An understanding or arrangment between the employer and employee that accounts for the reimbursement of employee expenses unrelated to the business. It also refers to reimbursements that were not requested within the deadline. In addition, this plan may also alleviate the burden on the employee of returning the excess reimbursement to the employer
By Henry Campbell Black
Word of the day
dust storm
- a windstorm that lifts up clouds of dust or sand a windstorm that lifts up clouds dust or sand; "it was the kind of duster not experienced in years"