Definition: An expenditure is funds used by a business, organization, or corporation to attain new assets, improve existing ones, or reduce a liability. In other words, it’s the use of a resource in the operations of a business.What
the expenditure of money and resources; His expenditure(s) amounted to $500.gastoexˈpense (-s) noun 1. the spending of money etc; cost. I've gone to a lot of expense to educate you well.gasto 2. a cause of spending. What an expense clothes are! motivo de gasto exˈpenses ...
EXPENDITURE meaning: 1 : an amount of money that is spent on something; 2 : an amount of time, energy, effort, etc., that is used to do something
Related to expenditure: consumption expenditureex·pen·di·ture (ĭk-spĕn′dĭ-chər) n. 1. The act or process of expending; outlay. 2. a. An amount expended. b. An expense. [Medieval Latin expenditus, past participle of expendere, to expend; see expend + -ure.] American ...
Why is '-ed' sometimes pronounced at the end of a word? Popular in Wordplay See All Terroir, Oenophile, & Magnum: Ten Words About Wine 8 Words for Lesser-Known Musical Instruments 10 Words from Taylor Swift Songs (Merriam's Version) ...
Why is '-ed' sometimes pronounced at the end of a word? Popular in Wordplay See All Terroir, Oenophile, & Magnum: Ten Words About Wine 8 Words for Lesser-Known Musical Instruments 10 Words from Taylor Swift Songs (Merriam's Version) ...
An expenditure is a payment or the incurrence of a liability in exchange for goods or services. Evidence of an expenditure is a sales receipt.
1. Capital Expenditure A company incurs acapital expenditure(CapEx) when it purchases an asset with a useful life of more than one year (a non-current asset). In many cases, it may be a significant business expansion or an acquisition of a new asset with the hope of generating more reven...
or paying in definite allotments: The treasurer has authority to disburse funds. Expend is more formal, and implies spending for some definite and (usually) sensible or worthy object: to expend most of one's salary on necessities. Squander suggests lavish, wasteful, or foolish expenditure: to ...
While an expenditure is recorded at the time of purchase, an expense is recognized over the consumption period. For instance, the initial outlay attributable to a capital expenditure (Capex) or the purchase of fixed assets (PP&E) is not recognized in full on the income statement in the period...