expense

noun
ex·​pense | \ ik-ˈspen(t)s How to pronounce expense (audio) \

Definition of expense

 (Entry 1 of 2)

1 archaic : the act or an instance of expending : expenditure
2a : 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

expense

verb
expensed; expensing

Definition of expense (Entry 2 of 2)

transitive verb

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

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Examples of expense in a Sentence

Noun

I don't think a first-class ticket is worth the added expense. The annual fee is simply an expense of doing business. A new car is a major expense.
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Recent Examples on the Web: Noun

Many students rely on loans to pay tuition bills and other college expenses. Annie Martin, orlandosentinel.com, "New bankruptcy program seeks to help people saddled with student debt; 2.4 million Floridians owe $85.5 billion," 15 July 2019 The discovery led to a review that uncovered other questionable expenses. Miles Moffeit Elvia Limón, Dallas News, "Tax funds stolen by her husband helped a DeSoto councilwoman. Why didn't authorities fully investigate?," 12 July 2019 Winner is responsible for all applicable federal, state and local taxes, if any, as well as any other costs and expenses associated with prize acceptance and use not specified herein as being provided. Sydney Bucksbaum, EW.com, "Enter EW’s Stranger Things Walkie T-ALKIE giveaway sweepstakes," 8 July 2019 Payments of severance and other expenses will total 7.4 billion euros ($8.3 billion) through 2022, the New York Times reports. Michelle Cheng, Quartz at Work, "How Deutsche Bank’s 18,000 job cuts stack up to other mass layoffs," 8 July 2019 Severance payments and other expenses will total 7.4 billion euros, or $8.3 billion, through 2022, Deutsche Bank said. Jack Ewing, New York Times, "Deutsche Bank Scales Back Ambitions, Announcing Job Cuts and Reorganization," 7 July 2019 Prosecutors said the California Republican wrongly used campaign cash for vacations, golf outings and other personal expenses. Fox News, "Duncan Hunter's corruption trial can detail alleged extramarital affairs, judge rules," 2 July 2019 The Republic provides a $12,500 a year stipend to cover travel and other expenses for a senior or graduate student to participate in the full-time fellowship. Elizabeth Montgomery, azcentral, "Isaac Windes receives 2019 Don Bolles fellowship for project on natural disasters," 2 July 2019 An adult family member who pays no rent or expenses is a guest in the home. Amy Dickinson, The Mercury News, "Ask Amy revisits the gun question that brought threats against her," 1 July 2019

Recent Examples on the Web: Verb

Too Much Dear Enough: That the love, effort and expense your parents’ friends went to ended up down the drain is a shame. Jeanne Phillips, SFChronicle.com, "Dear Abby: Matriarch uses inheritance to keep her family in line," 5 July 2019 Now renovations are in the same category as home remodelings and must be expensed over 39 years. Mark Escamilla, WSJ, "Congress, Fix This Tax-Reform Glitch," 16 Aug. 2018 These days, the mood at ConsenSys is bleak; it’s clear the freewheeling days of expensing $14,000 in two weeks or buying day-of Emirates business-class tickets are over, says a source. Bijan Stephen, The Verge, "ConsenSys plans to spin out most of its startups, and it’s going to mean layoffs," 20 Dec. 2018 For the first time, Lyft has become one of the Top 10 most frequently expensed U.S. business costs this quarter, according to new data from online travel and expense software company Certify. Rani Molla, Recode, "One way to track the rise of tech — check the expense reports," 25 Oct. 2018 Palantir fired two employees who expensed lingerie and suits, people familiar with the episode say. Eliot Brown, WSJ, "Palantir Has a $20 Billion Valuation and a Bigger Problem: It Keeps Losing Money," 12 Nov. 2018 Top executives of Wells Fargo Securities earlier this month sent a note to employees clarifying the bank’s policies and spelling out the specific time when meals could be expensed, according to the memo, which was described to the Journal. Coulter Jones, WSJ, "Wells Fargo Fires Bankers Amid Probe of Dinner Receipts That Were Allegedly Doctored," 30 Aug. 2018 The company said in its annual report its capitalization of those costs is limited, and so some of them are expensed as they are incurred. Michael Rapoport, WSJ, "Streaming TV or Movie? Why It Matters to Amazon’s Profits," 8 July 2018 Team staffers also receive per diem, although some opt to decline the benefit in order to expense lavish meals. Jake Fischer, SI.com, "The Economics of a Las Vegas Summer League Invite," 12 July 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'expense.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of expense

Noun

14th century, in the meaning defined at sense 1

Verb

circa 1909, in the meaning defined at sense 1

History and Etymology for expense

Noun

Middle English, from Anglo-French or Late Latin; Anglo-French, from Late Latin expensa, from Latin, feminine of expensus, past participle of expendere

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Statistics for expense

Last Updated

18 Jul 2019

Look-up Popularity

Time Traveler for expense

The first known use of expense was in the 14th century

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More Definitions for expense

expense

noun

English Language Learners Definition of expense

: 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

expense

noun
ex·​pense | \ ik-ˈspens How to pronounce expense (audio) \

Kids Definition of expense

1 : something spent or required to be spent : cost
2 : a cause for spending A car can be a great expense.

expense

noun
ex·​pense

Legal Definition of expense

 (Entry 1 of 2)

: financial burden or outlay specifically : an item of business outlay chargeable against revenue for a specific period
business expense
: an expense made in furtherance of one's business especially as part of the cost of operating a business in the taxable year in which the expense is incurred — compare capital expense and personal expense in this entry

Note: Business expenses are generally tax deductible in the year the expense is incurred.

capital expense
: an expense made in a business that will provide a long-term benefit : capital expenditure

Note: Capital expenses are not tax deductible as business expenses but may be used for depreciation or amortization.

moving expense
: an expense incurred in changing one's residence that is tax deductible if incurred for business reasons (as when one's job requires relocation)
ordinary and necessary expense
: an expense that is normal or customary and helpful and appropriate for the operation of a particular business or trade and that is made during the taxable year

called also ordinary and necessary business expense

Note: Ordinary and necessary expenses are tax deductible.

personal expense
: an expense incurred in the course of one's personal affairs as distinguished from the course of one's employment or the operation of a business — compare business expense in this entry

Note: Personal expenses are usually not tax deductible.

expense

transitive verb
expensed; expensing

Legal Definition of expense (Entry 2 of 2)

1 : to charge with expenses
2 : to write off as an expense

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Comments on expense

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