Jul 16, 2025 · Examples of expenses include rent, utilities, wages, maintenance, depreciation, insurance, and the cost of goods sold. Expenses are usually recurring payments needed to …

Expenses are costs that do not acquire, improve, or prolong the life of an asset. For example, a person who buys a new truck for a business would be making a capital expenditure because …

Aug 3, 2022 · Expenses are a normal and important part of doing business globally. Learn more about what is an expense and different types of expenses with our guide.

The meaning of EXPENSE is financial burden or outlay : cost. How to use expense in a sentence.

Jun 12, 2025 · What is an Expense? An expense is the cost incurred in order to generate revenue or obtain something. An alternative definition is that an expense is the reduction in value of an …

Our biggest expense this year was our summer holiday. We need to cut down on our expenses.

Businesses incur various types of expenses. An expense is a type of expenditure that flows through the income statement and is deducted from revenue to arrive at net income. Due to …

legal/medical/household expenses [= costs] I'm concerned about the project's hidden expenses. You'll have to pay your own travel/traveling expenses. an all-expenses paid trip [=a journey for …

An expense is a cost incurred in completing any transaction by an organization that leads to either revenue generation, creation of the asset, change in liability, or raising capital, etc. . It results …

Sep 19, 2025 · For additional information on medical and dental expenses, see Can I deduct my medical and dental expenses? and Publication 502, Medical and Dental Expenses. Medical …