Expense
/ɪkˈspɛns/
Definitions
- (n.) A cost or expenditure incurred in the course of business or daily life.
The company recorded its monthly expenses in the ledger.
Forms
- expenses
Related terms
See also
Commentary
Often distinguished from 'cost' by being broader and including incidental spending; specify context (business, personal) for clarity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.