🎁 A holiday package to celebrate the season! Click here and shop now!

TextRanch

The best way to perfect your writing.

Discover why 1,062,726 users count on TextRanch to get their English corrected!

1. Input your text below.
2. Get it corrected in a few minutes by our editors.
3. Improve your English!

One of our experts will correct your English.

Our experts

reimburse bank vs reimbursement bank

Both phrases are correct, but they have different meanings. 'Reimburse bank' implies that the bank is being repaid for something, while 'reimbursement bank' suggests that the bank is involved in providing reimbursement to someone. Therefore, the choice between the two depends on the intended meaning.

Last updated: March 27, 2024 • 739 views

reimburse bank

This phrase is correct and commonly used when referring to repaying a bank for expenses or losses.

This phrase is used when describing the action of repaying a bank for expenses incurred or losses suffered. It implies that the bank is the recipient of the reimbursement.

Examples:

  • The company will reimburse the bank for any unauthorized transactions.
  • The insurance company will reimburse the bank for the stolen funds.
  • The government will reimburse the bank for the bailout funds.
  • The customer will reimburse the bank for the overdraft fees.
  • The debtor will reimburse the bank for the loan default.
  • Without prejudice to Article 5, the Eurosystem central banks shall reimburse the mandated central bank for all reasonable expenses it incurs for the management and monitoring of the licence agreements pursuant to paragraphs 6 to 8.
  • I agree with the call for the Commission to ensure that banks reimburse the exorbitant levels of State aid they received, thereby ensuring fair competition within the internal market.
  • A claw-back requires that the beneficiary bank reimburses the entire amount above the REV that is covered by the guarantee.
  • Calls on the Commission to ensure that banks reimburse State aid as soon as the financial sector has recovered, ensuring fair competition within the internal market and a level playing field with regard to exit conditions;
  • Moreover, the EUR 450 million, instead of being used for the restructuring of the bank, was used to reimburse certain clients of BPP, penalising all the others.
  • Participation in TARGET has been designed in such a way as to give the ECB assurance that non-euro area participants will always be in a position to reimburse intraday credit by the due time, thus avoiding any need for overnight central bank credit in euro.
  • How does it intend to respond to the philosophy adopted by the Bank, whose purpose is to assist Greek farmers, who are thus being compelled to reimburse their debts to the ATE whether or not they are in a position to do so?
  • EEL GmbH's is therefore unable to reimburse its two shareholders and the [bank],as long as FN GmbH has not repaid the loans and interests due to EEL GmbH.

Alternatives:

  • repay the bank
  • compensate the bank
  • refund the bank
  • compensate the bank for
  • make restitution to the bank

reimbursement bank

This phrase is correct and commonly used when referring to a bank that provides reimbursement to someone.

This phrase is used when describing a bank that is involved in providing reimbursement to individuals or entities. It implies that the bank is the source of the reimbursement.

Examples:

  • The reimbursement bank processed the claims quickly.
  • The insurance company designated the bank as the reimbursement bank for the policyholders.
  • The government appointed the bank as the reimbursement bank for disaster relief.
  • The bank acted as the reimbursement bank for the victims of the scam.
  • The charity organization partnered with the bank as the reimbursement bank for donations.
  • AGVO took over the financial charge relating to the reimbursement of various bank loans relating to the former Ostend fish auction.
  • This separate company was called the Autonoom Gemeentebedrijf Vismijn Oostende (hereinafter referred to as AGVO). AGVO took over the financial charge relating to the reimbursement of various bank loans relating to the former Ostend fish auction.
  • the net proceeds of the sale of the vessels is allocated first to the reimbursement of bank and tax debts.
  • approves and initiates the collection of fees from T2S clients and the reimbursement to Eurosystem central banks.
  • This report raises the problem of the banks' debt reimbursement guarantees.
  • Only national central banks of Member States where the trade day, the settlement day and the reimbursement day are NCB business days participate in such operations.
  • Subject: Reimbursement of administration costs to the European Investment Bank
  • Italy said the Commission had expressed doubts regarding reimbursement partly because of the report from [the investment bank] on Finmeccanica referred to in the second initiating decision.
  • Indeed, the reimbursement made by the Portuguese State to the bank syndicate on 13 May 2010 (see recital 42 above) clearly demonstrates that State resources were involved.
  • Under normal market conditions, few banks will refuse to grant a loan to a firm if reimbursement is guaranteed by the State.
  • Only national central banks of Member States where the trade day, the settlement day and the reimbursement day are NCB business days participate in such operations.
  • Only national central banks of Member States where the trade day, the settlement day and the reimbursement day are NCB business days participate in such operations.
  • Only national central banks of Member States in which the trade day, the settlement day and the reimbursement day are NCB business days participate in such operations.
  • AirBridge also provided a bank guarantee to MAVA from VEB to cover the reimbursement of the loan up to EUR 32 million.
  • Lastly, the restructuring programme did not mention future aid reimbursement obligations associated with the pending investigation of the transfer of WBK to the Land bank in 1993.
  • All reimbursements of travel expenses, daily allowances and/or accommodation allowances shall be made to one and the same bank account.
  • In the event of the insolvency of the issuer, covered bank bond holders have priority as regards reimbursement of the principal and payment of interest deriving from the (underlying) eligible assets.
  • Concerning the problems raised by both Ms Kauppi and Mr Hökmark, the reimbursement of contributions to a bank that leaves the scheme, for whatever reason, is not covered by the existing directive and is therefore a matter for Member State legislation.
  • - the reimbursement of debits that are disputed in good faith (and of all associated bank expenses for involved debits) resulting from fraudulent transactions effected at a distance, without physical use of the card, or from transactions with a counterfeit card.
  • the reimbursement by or through the Central Bank of Iran of claims due under a contract or agreement that was concluded by public or private Iranian entities before the adoption of this Decision,

Alternatives:

  • bank providing reimbursement
  • reimbursement provider bank
  • bank for reimbursements
  • reimbursement processing bank
  • bank handling reimbursements

Related Comparisons

penny bank vs piggy bank completing vs sales completeing vs completing natalia oreiro vs pampita employment vs bank

What Our Customers Are Saying

Our customers love us! We have an average rating of 4.79 stars based on 283,125 votes.
Also check out our 2,100+ reviews on TrustPilot (4.9TextRanch on TrustPilot).

Why choose TextRanch?

Lowest prices
Up to 50% lower than other online editing sites.

Fastest Times
Our team of editors is working for you 24/7.

Qualified Editors
Native English experts for UK or US English.

Top Customer Service
We are here to help. Satisfaction guaranteed!

×

💝 TextRanch Holidays Offer! 💝️

25% special discount
Stock up on credits for the entire year!

Grab this offer now!