Expense Account
/ˈɛkspɛns əˌkaʊnt/
Definitions
- (n.) A ledger or record used by employees to document expenditures made on behalf of an employer, often subject to reimbursement.
She submitted her expense account along with receipts for travel and meals.
Forms
- expense accounts
Related terms
See also
Commentary
Expense accounts are commonly regulated through corporate policies detailing allowable expenses and documentation requirements.
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.