Definitions for business expense
busi·ness ex·pense

Princeton's WordNetRate this definition:0.0 / 0 votes

1. business expense, trade expensenoun

   ordinary and necessary expenses incurred in a taxpayer's business or trade

WikipediaRate this definition:0.0 / 0 votes

1. business expense

   An expense is an item requiring an outflow of money, or any form of fortune in general, to another person or group as payment for an item, service, or other category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture, or an automobile is often referred to as an expense. An expense is a cost that is "paid" or "remitted", usually in exchange for something of value. Something that seems to cost a great deal is "expensive". Something that seems to cost little is "inexpensive". "Expenses of the table" are expenses for dining, refreshments, a feast, etc. In accounting, expense is any specific outflow of cash or other valuable assets from a person or company to another person or company. This outflow is generally one side of a trade for products or services that have equal or better current or future value to the buyer than to the seller. Technically, an expense is an event in which a proprietary stake is diminished or exhausted, or a liability is incurred. In terms of the accounting equation, expenses reduce owners' equity. The International Accounting Standards Board defines expenses as:...decreases in economic benefits during the accounting period in the form of outflows or depletions of assets or incurrences of liabilities that result in decreases in equity, other than those relating to distributions to equity participants. Expense is a term also used in sociology, in which a particular fortune or price is sacrificed voluntarily or involuntarily by something or someone to something or somebody else, often in the context that the latter is taking advantage of the former.

ChatGPTRate this definition:0.0 / 0 votes

1. business expense

   A business expense is a cost incurred by a business in the course of carrying out its operations. These expenses might include salaries and wages, rent, utilities, supplies, equipment, marketing costs, taxes, and other related operational costs. Business expenses are usually tax deductible and thus can reduce a business's taxable income.

Matched Categories

1. • Expense

How to pronounce business expense?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say business expense in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of business expense in Chaldean Numerology is: 1

2. Pythagorean Numerology

   The numerical value of business expense in Pythagorean Numerology is: 7

Examples of business expense in a Sentence

1. Trevor Ewen:

   Best of all, so many more of the costs of travel can be justified from a perspective of productivity, business expense and even taxes in the best cases.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=business expense
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Business_Expense
3. ^ ChatGPT
   https://chat.openai.com