Meaning Of The Word Expense account

Real Dictionary

What's the definition of Expense account? Find Expense account meanings, definitions and more at the Real Dictionary online.

Expense account Meaning

Expense account Definition
Expense account Definition

What's The Definition Of Expense account?

expense account
countable noun: An expense account is an arrangement between an employer and an employee which allows the employee to spend the company's money on things relating to their job, for example travelling or looking after clients.

expense account in Accounting 1
noun: An expense account is an arrangement that an employee has with an employer that allows the employee to spend money on things relating to their job, such as traveling or entertaining clients.

expense account in Accounting 2
noun: An expense account is an account showing the expenses of a company over a period of time.

expense account in American English
an arrangement whereby business-related expenses of an employee are paid for by the employer
noun: an account of business expenditures, as travel, hotel room, meals, and entertainment connected with work, for which an employee will be reimbursed by an employer

expense account in British English
noun: an arrangement by which expenses incurred in the course of a person's work are refunded by the employer or deducted from his or her income for tax purposes

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