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What (who) is expense - definition

USE OR SERVICE TO BE PROVIDED TO ACHIEVE A CERTAIN BENEFIT

Expenses; Recurring expense; Expenditure; Recurring expentiture; Inexpensive; Expense report; Expenditures; Expenses of the table; Business expense; Cheapness; Inexpensiveness

Expense

·noun Loss.

II. Expense ·noun A spending or consuming; disbursement; expenditure.

III. Expense ·noun That which is expended, laid out, or consumed; cost; outlay; charge;

- sometimes with the notion of loss or damage to those on whom the expense falls; as, the expenses of war; an expense of time.

expense

n. in business accounting and business taxation, any current cost of operation, such as rent, utilities and payroll, as distinguished from capital expenditure for long-term property and equipment. See also: capital expenditure

expense

n.

1) to incur, run up an expense

2) to go to great expense; to spare no expense; to put smb. to great expense

3) to curb, curtail, cut down (on), reduce expenses

4) to spare no expense

5) to defray expenses

6) to reimburse expenses

7) to share expenses

8) business; entertainment; incidental; legal; operating; overhead; personal; traveling expense

9) at smb.'s expense (at my expense; at government expense)

Wikipedia

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.

https://en.wikipedia.org/wiki/Expense

Examples of use of expense

1. Overall, the largest single expense was security.

2. Another major expense: the candidate‘s travel costs.

3. Some cemeteries are moved at landowners‘ expense.

4. It is right, therefore, that the woman pays a share of the family expense, which should at least offset the extra expense they incur.

5. Even now, he is likely to spend another two years locked up at taxpayers‘ expense while he fights to avoid extradition – also at taxpayers‘ expense, naturally.