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That which is given in exchange for something else; cost.
[L. expendo, to pay out]
Medical Dictionary for the Health Professions and Nursing © Farlex 2012
References in periodicals archive ?
Therefore, they should be expensed on B's financial statements.
Further, taxpayers face a greater risk that the IRS will challenge their expensing practices if the amounts expensed under the policy constitute more than a fraction of their income or if a regulatory agency did not mandate the policy.
Fees that have future benefits must be capitalized, not expensed.