What is another word for covered cost?
Pronunciation: [kˈʌvəd kˈɒst] (IPA) 
The term "covered cost" refers to expenses that have been paid for by an individual or organization. However, there are several synonyms for this phrase, including "reimbursed expenses," "paid expenses," "compensated costs," and "met expenditures." Each of these synonyms implies that the expenses have been taken care of, either through direct payment or reimbursement. It's essential to understand these synonyms as they're often used in financial or budgeting contexts. By using clear and precise language, individuals and organizations can ensure that everyone understands the nature of the expenses paid. Overall, whether it is a reimbursed expense or met expenditure, business owners must keep track of their business expenses to stay profitable.
