costs incurred by a business in earning income, for example, rent, advertising, wages etc. Glossary of Business Terms
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Outflows or other reductions of assets or increases in liabilities (or a combination of both) from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity's ongoing major or central operations. American Banker Glossary
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expenses [plural]
► HR, ACCOUNTING money that you spend when you are doing your job, that an employer or other organization pays back to you: pay/cover/reimburse sb's expenses »
She was invited to speak at the conference, with an offer to cover all her expenses.
»travel/relocation/subsistence expenses
»Details of how to claim expenses can be found on the website.
»Committee members are paid £160 plus expenses to attend the fortnightly meetings.
»I need to get my expenses approved.
Main Entry: ↑expense
Financial and business terms. 2012.