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English definition of “revenue expenditure”

revenue expenditure

noun [U]
 
 
( also revenue expense, abbreviation revex)
ACCOUNTING, FINANCE money that a company spends on activities that are directly related to making sales in a particular period: Grants can be awarded for either capital or revenue expenditure.
→  Compare capital expenditure
(Definition of revenue expenditure from the Cambridge Business English Dictionary © Cambridge University Press)
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