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WordNet-Online
Definitions from WordNet
Noun business expense has 1 sense
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Definitions from the WebTerm: Business ExpenseDescription:A business expense refers to any cost incurred by a company in order to operate and generate income. It encompasses various expenditures that are necessary for conducting business activities, such as rent, utilities, employee salaries, and purchasing equipment or supplies. Senses:Sense 1: Noun - An expenditure related to business operations. Sense 2: Noun - A deductible expense for tax purposes. Sense 3: Noun - A loss of money or assets resulting from business activities. Usages:Usage 1: As a business owner, it is important to keep track of your business expenses to ensure accurate financial reporting. Usage 2: The business expense deductions can significantly reduce the income tax liability for a company. Usage 3: The unexpected loss due to a failed investment was recorded as a business expense, causing a decline in profits. Related Products: | ||||
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