expenses

Beginner 💰 Finance / Accounting

Definition

Money that flies out of your wallet or company coffers, usually faster than you can track it, for goods, services, or operational necessities. In business, these are the costs of keeping the lights on and the wheels turning. In legal contexts, it's often what you're trying to recover after someone else's mistake cost you dearly.

Example Usage

The company's quarterly expenses included legal fees that made the CFO visibly wince during the board presentation.

Source: Wiktionary via Free Dictionary API

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