English · Work & Business

expense

/ɪkˈspens/

[/ɪkˈspens/]

cost, money spent

Intermediatenoun

Definition

The money that a person or business spends on something; a cost.

Example

Travel is the company's biggest expense, so managers are asked to book cheaper flights.

Travel is the company's biggest expense, so managers are asked to book cheaper flights.

Etymology

From Latin 'expensa' (money paid out), from 'expendere' (to weigh out, pay).

How & Where It’s Used

Used in budgeting and accounting; 'at the expense of' means at a cost to.

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