Define: Expense

UK Accounting Glossary

Definition: Expense


Quick Summary of Expense


An expense is caused by a transaction or event arising during the ordinary activities of the business which causes a decrease in the ownership interest.



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Full Definition of Expense




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Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/expense/
Modern Language Association (MLA):
Expense. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 18, 2019 https://payrollheaven.com/define/expense/.
Chicago Manual of Style (CMS):
Expense. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/expense/ (accessed: July 18, 2019).
American Psychological Association (APA):
Expense. PayrollHeaven.com. Retrieved July 18, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/expense/

Definition Sources


Definitions for Expense are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.