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English definition of “expense”

expense

noun
 
 
/ɪkˈspens/
[C or U] ACCOUNTING an amount of money that a person or business spends in order to do something: a big/major expense Waste disposal is a major expense for us.cut down on/reduce/cut expense We need to cut down on our expenses.cover/meet expenses He said the business needed to borrow to meet future expenses.bear/incur an expense In your tax return you can include tax-deductible expenses incurred as a result of employment. a business/operating/running expense legal/medical/administrative expensesunnecessary/additional/extra expense Money can be moved into the account without the unnecessary expense of being converted into sterling.
[U] the large amount of money that something costs: Buying a bigger car has proved to be well worth the expense. He just had his office remodelled at great expense. Having gone to the expense of hiring an exhibition stand, you need to make the most of the selling opportunity.
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.
all expenses paid if something is all expenses paid, you do not have to pay for anything yourself: She's going to a conference in Tokyo, all expenses paid. an all-expenses-paid trip to New York
at sb's expense paid for by someone: They are living an extravagant lifestyle at the taxpayer's expense. If you lose your ticket, you will have to buy another at your own expense.
on expenses using money that will be paid back by your employer: He took me out to lunch on expenses. I usually travel standard class on the train, even when on expenses.
spare no expense to spend a lot of money in order to make something extremely good: No expense was spared in redesigning the chairman's office.
→ See also accrued expense, capital expense, direct expense, entertainment expenses, fixed expense, general expense, handling expense, indirect expense, interest expense, marketing expense, operating expense, overhead expense, sales expense, travel expense
(Definition of expense noun from the Cambridge Business English Dictionary © Cambridge University Press)
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