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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 ...
Temporary duty travel (TDY), also sometimes referred to as Temporary Additional Duty (TAD) in the US Navy and US Marine Corps, is a duty status designation reflecting a US Government Employee's official travel or assignment at a location other than the employee's permanent duty station.
An organization may refund or reimburse these costs on the basis of an itemized list, or may conclude that cost of doing so is disproportionately high and instead pay a per diem ("per day") allowance. This provides a budget from which the traveler may recover their costs.
Per diem interest is the daily interest charged on a home loan for a brief time. It may not amount to a lot, but the concept is important for determining your interest costs between your closing ...
Legal term meaning "by the court", as in a per curiam decision: per definitionem: through the definition: Thus, "by definition" per diem (pd.) by day: Thus, "per day". A specific amount of money an organization allows an individual to spend per day, typically for travel expenses. per fas et nefas: through right or wrong: By fair means or foul ...
For example, company employees may be given an allowance or per diem to provide for meals, and travel when they work away from home, and then be required to provide receipts as proof, or they may be provided with specific non-money tokens or vouchers such as a meal voucher that can be used only for a specific purpose. [citation needed]
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