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Expense
01
the amount of money spent to do or have something
Examples
Keeping track of your monthly expenses can help you create a realistic budget.
Unexpected car repairs can often be a significant expense for many people.
02
a cost, loss, or disadvantage incurred in order to achieve something
Examples
He achieved success at the expense of his social life.
The company gained profits, but at the expense of employee morale.
03
money spent by an employee to perform job-related tasks, typically paid back by an employer
Examples
She submitted her travel expenses for reimbursement.
His hotel and meal expenses were covered by the company.
to expense
01
to record a cost or loss that decreases the estimated value of an asset or resource
Examples
The company expensed the new equipment over five years.
They expensed the software purchase in the current quarter.
