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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 ?
This decision, however, says nothing about the propriety of expensing such repairs on an original tax return.
As approximately 98% to 99% of Alacare's revenues are Medicare reimbursements, Alacare's expensing policy complies with Medicare guidelines for the capitalization of depreciable assets (contained in the Medicare Provider Reimbursement Manual issued by the Federal Health Care Financing Administration (HCFA)).
190 expensing to $15,000 of the remaining $40,000 barrier removal costs for a reduction in tax liability of $5,100 ($15,000 x 34% tax rate).