Any cost of doing business resulting from revenue-generating activities.

See also: List of Key Accounting Terms and Definitions at InvestorGuide.com.

Use expense in a sentence

We evaluated what the expense would be and we figured out that it would be too high for us, so we did not do it.

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My boss asked to make sure that our Paris division reduced the amount of funds it used as an expense to make sure it was operating efficiently.

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Owning your own trucking company can be a lucrative business, that is if you account for the expense of fuel it costs to keep those trucks on the road.

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prior period expense ratio