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What (who) is expenses - 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

expenses

costs incurred in the performance of a job or task.

expense

¦ noun

1. the cost incurred in or required for something.

(expenses) costs incurred in the performance of a job or task.

2. something on which money must be spent.

¦ verb offset (an item of expenditure) as an expense against taxable income.

?informal charge to an expense account.

Phrases

at the expense of

1. paid for by.

2. to the detriment of.

Origin

ME: from Anglo-Norman Fr., from late L. expensa (pecunia) '(money) spent', from L. expendere (see expend).

expense

(expenses)

Frequency: The word is one of the 3000 most common words in English.

1.

Expense is the money that something costs you or that you need to spend in order to do something.

He's bought a specially big TV at vast expense so that everyone can see properly...

It was not a fortune but would help to cover household expenses.

N-VAR

2.

Expenses are amounts of money that you spend while doing something in the course of your work, which will be paid back to you afterwards. (BUSINESS)

As a member of the International Olympic Committee her fares and hotel expenses were paid by the IOC...

Can you claim this back on expenses?

N-PLURAL: oft poss N

3.

If you do something at someone's expense, they provide the money for it.

Should architects continue to be trained for five years at public expense?...

PHRASE: PHR after v

4.

If someone laughs or makes a joke at your expense, they do it to make you seem foolish.

I think he's having fun at our expense.

PHRASE: PHR after v

5.

If you achieve something at the expense of someone, you do it in a way which might cause them some harm or disadvantage.

According to this study, women have made notable gains at the expense of men.

PHRASE: PHR after v, PHR n

6.

If you say that someone does something at the expense of another thing, you are expressing concern at the fact that they are not doing the second thing, because the first thing uses all their resources.

The orchestra has more discipline now, but at the expense of spirit.

PHRASE: PHR after v, PHR n [disapproval]

7.

If you go to the expense of doing something, you do something which costs a lot of money. If you go to great expense to do something, you spend a lot of money in order to achieve it.

Why go to the expense of buying an electric saw when you can hire one?...

PHRASE: V inflects, oft PHR of -ing, PHR to-inf

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 expenses

1. Unexpected expenses: Add a budget for unexpected expenses to your expense list.

2. Blue skies expenses Both Houses of Parliament are abusing the expenses system.

3. Soaring expenses Expenses in 2007 soared '0% above the figure for 2006, to NIS 7.4 billion.

4. "Our position is that these expenses are legitimate business expenses," he said.

5. STEP I Estimate your expenses Most people tend to underestimate their expenses in retirement.