out-of-pocket expenses

Definition of "out-of-pocket expenses"
  1. Costs directly paid for necessary items by an individual in charge such as a contractor, trustee, executor or administrator, not specified in an agreement. These expenses can potentially be reclaimed in a contract dispute lawsuit; allowed for repayment by trustees, executors or administrators; or deducted from a tenant's security deposit for damages beyond ordinary use
How to use "out-of-pocket expenses" in a sentence
  1. She was able to claim for out-of-pocket expenses after they breached the contract.
  2. The trustee deducted the out-of-pocket expenses from the estate.
  3. Over the course of the rental, the landlord used the tenant's security deposit to cover out-of-pocket expenses.

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