Meaning & Definition of word "Expense"
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Expense
/ɪkˈspɛns/
noun:
- 1. a cost or expenditure that reduces resources, typically money.
- Example: The company reported a significant increase in expenses this quarter.
- 2. the amount of money spent on something.
- Example: Travel expenses can add up quickly on business trips.
- 3. a disadvantage incurred in the course of an activity.
- Example: She achieved her goals, but at the expense of her health.
Etymology
Middle English: from Old French 'espense', from Latin 'expensum' (thing spent), from 'expens-', the stem of 'expendere'.
Common Phrases and Expressions
at someone's expense:
to the detriment or disadvantage of someone
business expense:
cost incurred in the course of running a business
educational expense:
money spent on education-related items or services
Related Words
budget:
An estimate of income and expenditure for a set period of time.
revenue:
Income received from normal business activities, usually from the sale of goods and services.
accounting:
The action or process of keeping financial accounts.
Slang Meanings of expense
Meaning: burning cash
Example Sentence: My trip to Hawaii was a total burning cash moment.
Meaning: throwing money down the drain
Example Sentence: Buying that extra insurance felt like throwing money down the drain.