Expenses for an individual or corporation that can be adjusted or completely dispensed with, e.g., luxury goods.
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Unnecessary expenses that may be foregone if necessary. Personal flexible expenses might include luxury goods and services such as those associated with a vacation. Business flexible expenses might include personal accounts used to take potential clients out to dinner. In certain circumstances, even necessary expenses can be considered flexible if one may cut back on them. For example, one may spend less on groceries in a given week.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved