BNET Business Dictionary
Business Definition for: Expense
- a cost incurred in buying goods or services
- a charge against a company's profit
Wiktionary Definition for: Expense
- A spending or consuming; disbursement; expenditure.
- Ex:''Husband nature's riches from '''expense'''.'' - Shakespeare, ''Sonnet XCIV''
- That which is expended, laid out, or consumed; cost; outlay; charge; -- sometimes with the notion of loss or damage to those on whom the expense falls; as, the expenses of war; an expense of time.
- Courting popularity at his party's expense. - Brougham?
- ''(Obsolete):'' Loss. - Shakespeare
- Ex:''And moan the '''expense''' of many a vanished sight.'' - Edmund Spenser
- To charge a cost against an expense account; to bill something to the company for which one works.
- Ex:''It should be acceptable to '''expense''' a business lunch with a client.''
Additional Resources
- Expense Account Statement
- This is a template for expense account statement. Expense accounts, also called expense allowances, are plans under which companies reimburse employees for business-related expenses. These expenses include travel, entertainment, gifts, and other expenses related to the employer's business activity. Of particular interest to businesses and their employees is the tax...
- Tools & templates 2007-12-01
- Expense Template
- This tool is used for expense claim details.
- Tools & templates 2007-04-05
- SFAS 123 Stock-Based Compensation Expense and Equity Market Values
- The objective of this study is to understand the relation between equity market values and stock-based employee compensation expense that is disclosed, but not recognized in determining net income, under Statement of Financial Accounting Standards SFAS No. 123. In particular, it predicts and finds that stock-based compensation expense has a...
- White papers 2001-07-01
- Turn Around Expense Reports In A Snap With Excel 2003 And XML
- Two words that may make you run for cover: expense reports. You dread them, you defer them, and you despise them, especially when "petty cash" returns them for minute corrections in big red ink. Not if you team up with Excel 2003 and Extensible Markup Language XML to turn those...
- White papers
- The Freight Audit Function And Utility, Driving Corporate Performance
- Freight expense represents a significant portion of the overall corporate budget, because of its size and relative position, freight expense plays a major role in corporate profitability. Freight expense for the average company is large enough to warrant attention and intelligent management. Freight Cash Asset Management is a...
- White papers 2003-08-19
- Memorandum Of Employee Automobile Expense Allowance
- This is a template which can be used as a memorandum for employee automobile expense allowance. The template contains the terms and conditions which can be included in the employee automobile expense allowance form and provide an outline that can be followed when formulating business or personal plans.
- Tools & templates 2007-12-01
- Option Compensation: To Expense Or Not To Expense? That Is the Question - Or Is It?
- The question of whether or not to expense options has been around for decades, for as long as companies have been using options as a form of compensation. But the debate did not heat up until we hit the wake of the dotcom bust. This article will review the debate...
- White papers 2003-01-01
- Quarterly Marketing Budget
- This template is a marketing budget for each quarter. It shows the expenditures for each major marketing function (Advertising, Promotion, Marketing Research, etc.) and the percentage those expenditures represent to the total marketing expenses for the quarter. The percentage shown for each specific expense is the percentage that the expense...
- Tools & templates 2007-09-01
- Excessive Use Of Expense Account
- Use this template to inform the employees about the excessive use of expense account, as it is provided to employee for convenience but if he/she uses it excessively it will lead harm to company.
- Tools & templates 2008-01-01
- Auto Expense Travel Report
- This expense report is used to record an employee's automobile travel mileage and reimbursement expenses.
- Tools & templates 2006-08-17
- Realising Savings in International Expense Management
- International expense management is increasingly near the top of the list of services companies are requesting from relocation service providers. It is an administratively burdensome area of relocation, often viewed as a low-value, high-volume task. Taking such a simplistic view ignores opportunities for significant direct and indirect cost savings, whether...
- White papers 2005-10-20
- Earnings Management: New Evidence Based on Deferred Tax Expense
- This report assesses the usefulness of deferred tax expense in detecting earnings management. Assuming greater discretion under GAAP than under tax rules, and assuming managers exploit such discretion to manage income upward primarily in ways that do not affect current taxable income, then such earnings management will generate book-tax differences...
- White papers 2002-11-01
- Expense Account Statement Form
- This is a template for expense account statement form. It shows employees all expenses. User can make changes in it as per his/her requirement.
- Tools & templates 2007-12-01
- Revenue And Expense Recognition
- Revenues are inflow of assets into an organization due to production and delivery of goods or service. Expenses are outflow of assets used in the production and delivery of goods or service. Revenue and expense recognition is the process of identifying and recognizing the sources of revenues or expenses. The...
- Presentations 2003-01-01
- Two Can Live Cheaper Than One
- After an M&A, expense management can help to increase shareholder value and manage higher costs. Immediately following a merger, companies experience tremendous pressure to increase earnings performance. For financial executives, the challenge then is to design a comprehensive plan that will consistently reduce bloated expenses - in turn helping to...
- White papers 2003-01-01
- How to Create a Small Town Advertising Campaign
- This is going to sound like a broken record to some of who are regulars, but advertising has to be an investment, not an expense. It must produce more business revenue than it costs. Advertising can never be an expense. Does advertising work immediately? Not always. Studies show that customers...
- White papers
- Overview Of Commercial Card Products That Can Increase Expense Management And Control
- At American Express, we are dedicated to supporting our clients as you implement expense management solutions that help you achieve control, compliance, operational efficiencies, and cost reduction goals. Our core business is helping companies manage their corporate expenses. Specifically, through our Commercial Cards (Corporate Cards and/or Corporate Purchasing Cards), we...
- White papers 2007-03-31
- Business Travel Expense Policy
- The Business Travel Expense policy outlines the provisions for travel and living expenses incurred by Company employees while on assignments away from the normal work location. It explains coverage, approval process, abuse of policy, nonemployee coverage, and reimbursement, among other provisions.
- Tools & templates 2007-11-16
- Getting Quicken 2005 Ready for Payroll Work
- Preparing the payroll? It's no problem with Quicken 2005. To prepare payroll checks and summarize the payroll information that one needs to prepare quarterly and annual returns, one also need to set up several liability accounts, a payroll expense category, and several payroll expense subcategories. This paper describes how to...
- White papers
- Mutual Fund Cost Factors: Benchmarking Change
- This article explains the inconsistent annual performance of many mutual funds, their annual expense ratios are quite predictable. Thus, while performance is variable, the cost of performance is essentially a constant. Article in short talks about the recent equity market downturn may be linked to non-trivial increases in turnover ratio...
- White papers 2003-03-01
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