What is a voucher?

 A voucher is a bond, certificate, receipt, or electronic document that holds a monetary value or serves as evidence of a monetary transaction, entitlement, or eligibility.

It can be exchanged for goods, services, or discounts, or used to prove that a specific expense has been paid or authorized.

Key Types of Vouchers

1. Financial and Accounting Vouchers
   
   
   • Payment Voucher / Expense Voucher: A document used by businesses to record payments made to suppliers or employees, serving as proof of an expense for auditing and bookkeeping.
     
     
   • Receipt Voucher: A record acknowledging the receipt of cash or other forms of payment from a customer.
     
     
2. Consumer and Commercial Vouchers
   
   
   • Gift Voucher / Gift Card: A prepaid certificate or card issued by a retailer or business that allows the holder to redeem it for goods or services up to a specific monetary value.
     
     
   • Discount Voucher / Coupon: A ticket or code that entitles the bearer to a specific discount on a product or service.
     
     
   • Travel Voucher: A document issued by an airline, hotel, or travel agency that can be used instead of cash to pay for travel-related services (often given as compensation for delayed flights or canceled bookings).
     
     
3. Government and Social Vouchers
   
   
   • Government Benefit Voucher: Paper or electronic certificates issued by government agencies to eligible citizens to help cover the costs of essential needs, such as food (e.g., SNAP/food stamps), housing, or education.