per diem
Definition from Nolo’s Plain-English Law Dictionary
(per dee-um) Latin for "per day," per diem refers to payment of a set amount for each day's expenses for an employee or agent. Typically, a per diem is available only for travel away from home. For example, someone who goes on an overnight business trip for an employer might receive a per diem of $50 to cover meals and incidentals on the trip.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:21 pm