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Per diem (Latin for "per day" or "for each day") or daily allowance is a specific amount of money that an organization gives an individual, typically an employee, per day to cover living expenses when travelling on the employer's business. A per diem payment can cover part or all of the expenses incurred. For example, it may include an ...
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
Travel and subsistence expenses describe the cost of spending on business travel, meals, hotels, sundry items such as laundry (though usually only on long trips) and similar ad hoc expenditures. [1] These reimbursements often have tax and related implications, and vary depending on the country of the business.
An allowance is an amount of money given or allotted usually at regular intervals for a specific purpose. [1] In the context of children, parents may provide an allowance (British English: pocket money) to their child for their miscellaneous personal spending. In the construction industry, an allowance may be an amount allocated to a specific ...
IdeaWorks, a travel consulting firm, predicted fees will become the norm by the end of 2019 and globally thereafter. [6] The 23 largest airlines in the United States reported earning $4.6 billion in baggage fees in 2017. [7] This increased to $33 billion in baggage fees for 2023, and increase of 15 percent over the previous year. [8]
Additionally, travel websites also offer student discounts to help make travel more affordable for students. Some websites may also offer other perks for students, such as free cancellations or additional loyalty points. Students can get discounts not only from tech and travel but also from lifestyle brands.
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In the British Raj, batta or bhatta or bat-ta was a banking term and a military term, meaning (i) an agio or disagio, (ii) a special allowance made to officers, soldiers, or other public servants in the field, and (iii) any additional or extra charge elsewhere. [1] The term is probably derived from Kannada bhatta (rice in the husk). [2]