voucher system

1. Accounting. a procedure for controlling disbursements by means of vouchers.
2. Also called voucher plan. Educ. a plan in which each school-age child receives a publicly funded entitlement worth a fixed amount of money with which his or her parents can select a participating public or private school.
[1880-85]

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Universalium. 2010.

Look at other dictionaries:

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