EXPENSE

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.

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expense

Noun

  1. A spending or consuming. Often specifically an act of disbursing or spending funds.
    She went to great expense to ensure her children would get the best education.
    Buying the car was a big expense, but will be worth it in the long run.
    We had a training weekend in New York, at the expense of our company.
  2. That which is expended, laid out, or consumed. Sometimes with the notion of loss or damage to those on whom the expense falls.
    Jones reached the final at the expense of Jones, who couldn´t beat him.
  3. Loss.

Verb

  1. To charge a cost against an expense account; to bill something to the company for which one works.
    It should be acceptable to expense a business lunch with a client.


The above text is a snippet from Wiktionary: expense
and as such is available under the Creative Commons Attribution/Share-Alike License.

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