Meaning | Amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures). |
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Synonyms | expense, disbursal |
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Narrower | business expense, trade expense | ordinary and necessary expenses incurred in a taxpayer's business or trade |
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interest expense | interest paid on loans |
lobbying expense | expenses incurred in promoting or evaluating legislation |
medical expense | Amount spent for diagnosis or treatment or prevention of medical problems |
moving expense | The cost of moving your residence from one location to another |
non-cash expense | An expense (such as depreciation) that is not paid for in cash |
operating expense, operating cost, overhead, budget items | The expense of maintaining property (e.g., paying property taxes and utilities and insurance) |
personal expense | The cost of personal or family living |
Broader | cost | The total / total spent for goods or services including money and time and labor |
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Spanish | gasto |
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Catalan | despesa |
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Verbs | disburse | expend, as from a fund |
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