Expense

An expense is an item requiring an outflow of money, or any form of fortune in general, to another person or group as payment for an item, service, or other category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture, or an automobile is often referred to as an expense. An expense is a cost that is "paid" or "remitted", usually in exchange for something of value. Something that seems to cost a great deal is "expensive". Something that seems to cost little is "inexpensive". "Expenses of the table" are expenses for dining,

form of payment for use of artistic works

type of payment

ongoing cost for running a product, business, or system

monetary amount owed to a creditor that is unlikely to be paid

return or cost of holding an asset

accounting method

Reimbursement is the act of compensating someone for an out-of-pocket expense by giving them an amount of money equal to what was spent.

thumb|right|Handling payroll typically involves sending out payslips to employees. A payroll is a list of employees of a company who are entitled to compensation and other work benefits, along with the amounts each should receive. The term can also refer to a company's records of past employee payments, including wages, salaries, bonuses, and withheld taxes, or to the department responsible for managing compensation. A company may handle all aspects of the payroll process in-house or can outsource aspects to a payroll processing company.

A write-off is a reduction of the recognized value of something. In accounting, this is a recognition of the reduced or zero value of an asset. In income tax statements, this is a reduction of taxable income, as a recognition of certain expenses required to produce the income.

Measure of the total cost of an investment fund

SG&A (alternately SGA, SAG, G&A or SGNA) is an initialism used in accounting to refer to Selling, General and Administrative Expenses, which is a major non-production cost presented in an income statement (statement of profit or loss).