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EXPENSE Definition Meaning | Dictionary. com cost or charge the expense of a good meal a cause or occasion of spending A car can be a great expense the act of expending; expenditure charges incurred during a business assignment or trip money paid as reimbursement for such charges to receive a salary and expenses to charge or write off as an expense to be expensed
Expense - Wikipedia In accounting, expense is any specific outflow of cash or other valuable assets from a person or company to another person or company This outflow is generally one side of a trade for products or services that have equal or better current or future value to the buyer than to the seller
expense noun - Definition, pictures, pronunciation and usage notes . . . Obtaining or achieving something may have a cost; the value of something is how much other people would be willing to pay for it: house prices • the cost of moving house • The house now has a market value of one million pounds expense the money that you spend on something; something that makes you spend money:
EXPENSE definition and meaning | Collins English Dictionary Expense is the money that something costs you or that you need to spend in order to do something Most of the marble had been imported at vast expense from Italy Taking holidays with your dog can often involve extra expense
Expense definition — AccountingTools What is an Expense? An expense is the cost incurred in order to generate revenue or obtain something An alternative definition is that an expense is the reduction in value of an asset as it is used to generate revenue
Expense | Definition, Categories, and Examples - Finance Strategists Expense is the cost of running a business This includes money spent on items such as rent, office supplies, and salaries for employees An expense can also be an expenditure whose benefit is finished or enjoyed immediately or within the period of one accounting year
Expenses - Definition, Types, and Practical Examples An expense is a type of expenditure that flows through the income statement and is deducted from revenue to arrive at net income Due to the accrual principle in accounting, expenses are recognized when they are incurred, not necessarily when they are paid for
What is Expense? – Definition and Meaning - eFinanceManagement Expenses can be defined as “Any cost that a company bears in an attempt to maximize its revenues, and thereby its profits ” It is a cost to sustain and excel in business, resulting in an “outflow” of funds An expense is a part of the income statement – a key financial statement