expense
Pronunciation: [ɪkˈspɛns]
Word
Context: "finance"
(noun) an expense is something that costs money. This could be anything you have to pay for, like food, clothes, or school supplies.
Example
My monthly expenses include rent, groceries, and transportation.
Example
I didn't have any expenses yesterday because I stayed home all day.
Example
What are some of the biggest expenses you have each month?
Context: "business"
(noun) an expense in business is money that a company spends to run its operations. This can include salaries, utilities, and materials needed to make products.
Example
The company's expenses have gone down since they started using less paper.
Example
Increasing expenses can hurt a company's profits.
Example
What steps can the company take to reduce its expenses?
Context: "spending"
(verb) to expense something means to record it as something you are spending money on, especially for business purposes. It's like saying that a cost is part of what you need to pay for your work.
Example
I will expense my travel costs for the business trip.
Example
You cannot expense personal items on your company budget.
Example
Did you expense your meal during the conference?
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