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expense

Definition:

(nou) amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures) (nou) a detriment or sacrifice (nou) money spent to perform work and usually reimbursed by an employer

Phonetic Transcription:

ɪkˈspens

Examples:

The cost of the dye process was part of the expense of the silk.

The exporter is bound to deliver the goods at his cost and expense.

This subsidy cost is recognized as an expense when the loans are disbursed.

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expense

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