BUSINESS EXPENSE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does business expense mean? 

• BUSINESS EXPENSE (noun)
  The noun BUSINESS EXPENSE has 1 sense:

1. ordinary and necessary expenses incurred in a taxpayer's business or trade

  Familiarity information: BUSINESS EXPENSE used as a noun is very rare.

 Dictionary entry details 

• BUSINESS EXPENSE (noun)

Sense 1

Meaning:

Ordinary and necessary expenses incurred in a taxpayer's business or trade

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

business expense; trade expense

Hypernyms ("business expense" is a kind of...):

disbursal; disbursement; expense (amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures))

Hyponyms (each of the following is a kind of "business expense"):

organization expense (the cost (over a period of five years) of organizing a new corporation or partnership)

promotional expense (the cost of promoting a product)