expense

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Expense Definition & Meaning

1. An expense is a cost incurred in the process of carrying out a business or personal activity.

Example: The company's biggest expense is employee salaries.

2. An expense is the amount of money spent on a particular item or service.

Example: The expense for the new office furniture was $10,

3.

Example:

4. An expense is a financial burden or liability that reduces one's available resources.

Example: The unexpected medical expense put a strain on our family's budget.

5. An expense is a charge or fee that is required to be paid, often as part of a contract or agreement.

Example: The rental agreement included a monthly expense for utilities.

6. An expense is a loss or reduction in value of an asset, such as property or equipment.

Example: The expense of repairing the damaged machinery was significant.

Examples of the word expense used in sentences.

  • We need to cut down our expenses to save money for a vacation.
  • Buying a new car can be a major expense for most people.
  • The repair of my car was a huge expense for me.
  • My monthly expense for groceries is roughly $200.
  • I cannot attend the concert due to the expense of the ticket.
  • I can't afford to go on vacation this year because of the expense.
  • The company is cutting expenses by reducing staff and using more efficient equipment.
  • My biggest monthly expense is groceries, but I always try to find deals and use coupons to save money.
  • I'm hesitant to buy a new car because I don't want to take on the expense of car payments.
  • My monthly rent expense is quite high for a small studio apartment.
  • I'm planning to splurge on a luxurious vacation, but the expense is holding me back.
  • Studying in a foreign country can be expensive, but the experience is worth the expense.
  • Eating healthy can be an expense, but it's an investment in your long-term health.
  • We decided to cut down on expenses by cooking at home instead of eating out every night.
  • My car broke down unexpectedly and the expense of repairing it drained my savings account.
  • Despite the high expense of living in the city, she couldn't imagine living anywhere else.
  • The company's decision to cut expenses led to significant layoffs.
  • For our vacation, we decided to splurge on a luxury hotel despite the added expense.
  • I was shocked to see the expense report for the month as it was much higher than expected.
  • Starting a business can be a significant expense, but it also has the potential for great rewards.
  • In many countries, healthcare is considered a basic human right and should not be an expense that bankrupts individuals.
  • The company's recent expansion has led to a significant increase in expenses.
  • The expense of purchasing a new car can be daunting, but it ultimately pays off in the long run.
  • Despite the high expense of travel, she was determined to take a year off to explore the world.
  • It's important to prioritize your expenses in order to manage your budget effectively.
  • Despite the astronomical expense involved in starting up her own business, her entrepreneurial spirit and determination eventually paid off.
  • As a frequent traveler, I consider airfare to be a significant expense, but the experiences and memories that come with exploring new destinations are invaluable.
  • Although private schools can be quite an expense, parents often believe the individualized education and smaller class sizes for their children are well worth it.
  • As a college student, I am always looking for ways to cut expenses and save money, such as using coupons and shopping during sales.
  • The cost of living in this city is almost unmanageable, with housing expenses taking up the majority of one's income.
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