Per diem

**Per diem**

The term “Per diem” refers to a daily allowance or payment given to employees or travelers to cover expenses incurred while traveling for work or business purposes. It typically includes costs for meals, lodging, and incidental expenses and is often used in corporate, government, and freelance settings to simplify reimbursement processes. Understanding per diem policies can help individuals manage travel budgets effectively and ensure compliance with organizational guidelines.