1. the act or process of paying or covering the cost of something
Usage: formal; often used in legal or financial contexts

Examples

• The company arranged for the defrayment of all travel expenses for the conference attendees.
• The defrayment of medical costs was covered by the insurance policy.
• The contract specified the defrayment of legal fees by the defendant.
• Defrayment of the project budget was completed ahead of schedule.
• The organization sought donations to assist with the defrayment of operational costs.