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A voucher is a certificate (coupon, check) that is provided to an individual and may be exchanged for a specific good or service.

The term is most commonly used for payment of school tuition. A voucher could be awarded to poor families based on need, and used to cover tuition in a private school. The voucher could not be used as cash to buy any other goods or services - but used only for tuition an a qualifying school. Airlines will sometimes provide travelers a voucher for meals, hotel or taxi fare when they have delays due to mechanical problems. The voucher might be good for up to $25 at any food establishment within a particular airport, or for one night at a nearby hotel.

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17y ago

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