• (a.) Capable of being repaid; repayable.
A type of contract where contractor is re-imbursed for all time taken to carry out and complete the assignment.
Re`im·burs'a·ble adjective [ CF. French remboursable .] Capable of being repaid; repayable. « A loan has been made of two millions of dollars, reimbursable in ten years.» A. Hamilton.