expense

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Expenses

Costs of living or doing business. Examples of personal expenses include the mortgage payment, groceries, and gas for the car. Examples of business expenses include the cost of materials, employee salaries, and other overhead. Expenses also include unusual costs like medical bills or employee bonuses. Businesses attempt to keep costs to the lowest possible amount without sacrificing revenue. This maximizes profit. Likewise, households generally attempt (and in many cases must) keep expenses lower than household income. While business expenses are generally tax deductible, most personal expenses are not.

expense

any expenditure which is chargeable to the trading activities of an accounting period. This includes cash expenditures on materials and labour, and non-cash items of expenditure such as credit purchases and depreciation.
References in periodicals archive ?
When we are the consumer, the customer, the user, we always prefer something fast, inexpensive, simple, and tiny.
VANs were not inexpensive, however, as they were primarily dedicated, leased computer communication lines.
That kind of flexibility also points to the Internet as the ultimate source for inexpensive and highly effective promotional information.
A valance above the window treatment is an inexpensive way to add a homey touch.
Fruits make good, inexpensive midday snacks, for quick energy boosts.
The widespread use of simple, inexpensive medications has prevented numerous second heart attacks--and the complex, expensive interventions that come with them.
In 2001, a group of engineers developed a lightweight, inexpensive system, called the on-board distillation system, that converts regular fuel into a highly volatile distillate that vaporizes more easily as the engine warms up (SN: 1/20/01, p.
The inexpensive, rapid developmental approach of the Bazooka got the users involved much sooner, which may very well be the key to this whole thing.
And for property owners, wireless technology can have a positive impact on how buildings are configured and also provide a relatively inexpensive amenity to help improve property value.
You'll get as much as $3 back from your $10 bill here after eating an entree with soup, salad and rice at this inexpensive little second-floor Japanese curry house which bakes its own cakes and offers 50 percent off all curries on the first Friday of each month.
It's simple and inexpensive--and also a simple and inexpensive way to clean your mailing list.
Within the RAID era, RAID first meant Redundant Arrays of Inexpensive Disks.