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Noun: expense  ik'spen(t)s
  1. Amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures)
    "The company carefully tracked all business expenses for tax purposes";
    - disbursal, disbursement
     
  2. Money spent to perform work and usually reimbursed by an employer
    "he kept a careful record of his expenses at the meeting"
     
  3. A detriment or sacrifice
    "at the expense of"
Verb: expense  ik'spen(t)s
  1. Reduce the estimated value of something
    "The company expensed the old equipment";
    - write off, write down

Derived forms: expensed, expenses, expensing

Type of: cost, depreciate, detriment, expenditure, hurt, outgo [archaic], outlay, spend, spending

Encyclopedia: Expense