expense account


expense account

noun

: an arrangement that allows an employee (such as someone who is traveling for business) to pay for things using the company's money instead of the employee's money

Full Definition of EXPENSE ACCOUNT

:  an account of expenses reimbursable to an employee; also :  the right of charging expenses to such an account

Examples of EXPENSE ACCOUNT

  1. He charged dinner to his expense account.
  2. She put the tickets on her expense account.

First Known Use of EXPENSE ACCOUNT

1922

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