expenseɪkˈspɛns
expense (v)
- present
- expenses
- past
- expensed
- past participle
- expensed
- present participle
- expensing
expense (n)
- plural
- expenses
English Definitions:
expense, disbursal, disbursement (noun)
amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures)
expense (noun)
a detriment or sacrifice
"at the expense of"
expense (verb)
money spent to perform work and usually reimbursed by an employer
"he kept a careful record of his expenses at the meeting"
expense, write off, write down (verb)
reduce the estimated value of something
"For tax purposes you can write off the laser printer"
expense (Noun)
A spending or consuming. Often specifically an act of disbursing or spending funds.
expense (Noun)
That which is expended, laid out, or consumed. Sometimes with the notion of loss or damage to those on whom the expense falls.
expense (Noun)
Loss.
expense (Verb)
To charge a cost against an expense account; to bill something to the company for which one works.
Expense
In common usage, an expense or expenditure is an outflow of money to another person or group to pay for an item or service, or for a category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture or an automobile is often referred to as an expense. An expense is a cost that is "paid" or "remitted", usually in exchange for something of value. Something that seems to cost a great deal is "expensive". Something that seems to cost little is "inexpensive". "Expenses of the table" are expenses of dining, refreshments, a feast, etc. In accounting, expense has a very specific meaning. It is an outflow of cash or other valuable assets from a person or company to another person or company. This outflow of cash 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. Technically, an expense is an event in which an asset is used up or a liability is incurred. In terms of the accounting equation, expenses reduce owners' equity. The International Accounting Standards Board defines expenses as
Expense
An expense is an item requiring an outflow of money, or any form of fortune in general, to another person or group as payment for an item, service, or other category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture, or an automobile is often referred to as an expense. An expense is a cost that is "paid" or "remitted", usually in exchange for something of value. Something that seems to cost a great deal is "expensive". Something that seems to cost little is "inexpensive". "Expenses of the table" are expenses for dining, refreshments, a feast, etc. 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. Technically, an expense is an event in which a proprietary stake is diminished or exhausted, or a liability is incurred. In terms of the accounting equation, expenses reduce owners' equity. The International Accounting Standards Board defines expenses as:...decreases in economic benefits during the accounting period in the form of outflows or depletions of assets or incurrences of liabilities that result in decreases in equity, other than those relating to distributions to equity participants. Expense is a term also used in sociology, in which a particular fortune or price is sacrificed voluntarily or involuntarily by something or someone to something or somebody else, often in the context that the latter is taking advantage of the former.
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"expense." Kamus.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.kamus.net/english/expense>.
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