expense


1ex·pense

noun \ik-ˈspen(t)s\

: the amount of money that is needed to pay for or buy something

: an amount of money that must be spent especially regularly to pay for something

: something on which money is spent

Full Definition of EXPENSE

1
archaic :  the act or an instance of expending :  expenditure
2
a :  something expended to secure a benefit or bring about a result
b :  financial burden or outlay :  cost <built the monument at their own expense>
c :  an item of business outlay chargeable against revenue for a specific period
3
:  a cause or occasion of expenditure <an estate is a great expense>
4
:  a loss, detriment, or embarrassment that results from some action or gain :  sacrifice <everyone had a good laugh at my expense> —usually used in the phrase at the expense of <develop a boy's physique at the expense of his intelligence — Bertrand Russell>

Examples of EXPENSE

  1. I don't think a first-class ticket is worth the added expense.
  2. The annual fee is simply an expense of doing business.
  3. A new car is a major expense.

Origin of EXPENSE

Middle English, from Anglo-French or Late Latin; Anglo-French, from Late Latin expensa, from Latin, feminine of expensus, past participle of expendere
First Known Use: 14th century

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

2expense

verb
ex·pensedex·pens·ing

Definition of EXPENSE

transitive verb
1
:  to charge with expenses
2
a :  to charge to an expense account
b :  to write off as an expense

First Known Use of EXPENSE

circa 1909

Other Economics Terms

actuary, compound interest, globalization, indemnity, portfolio, rentier, stagflation, usurer

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