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expensing

 

Definitions from the Web

Term: Expensing

Part of Speech: Noun

Definition: The act of recording or deducting expenses as a means of reducing taxable income.

Example Sentence: The company's expensing of travel costs saved them a significant amount on their tax bill.

Part of Speech: Verb

Definition: The action of recording or deducting expenses in financial records.

Example Sentence: Make sure to expense all your business-related purchases to keep accurate financial records.

Part of Speech: Adjective

Definition: Pertaining to the process or practice of deducting expenses.

Example Sentence: The expensing policy allows employees to claim reimbursement for approved business expenses.

Part of Speech: Adverb

Definition: In a manner related to the deduction or recording of expenses.

Example Sentence: The company encourages employees to keep track of their expenses expensing them promptly.

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