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Everything about Expense
Item requiring cash outflow
An expense is an item requiring an outflow of money, or any form of fortune in general, to another person or group as payment for an item, service, or other category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture, or an automobile is often referred to as an expense. An expense is a cost that is "paid" or "remitted", usually in exchange for something of value. Something that seems to cost a great deal is "expensive". Something that seems to cost little is "inexpensive". "Expenses of the table" are expenses for dining, refreshments, a feast, etc. Wikipedia →
🧭 Start here: a 6-step reading path
- Read the overview: ExpenseA 5-minute orientation
- Skim a recent paper: Does renewable energy reduce ecological footprint at the expense of economic growth? An empirical analysis of 120 countriesInfluential work since 2022
- Pick up a classic book: Business use of your homeThe most-reprinted book on the subject
- Read the landmark paper: Chronic interleukin-1 exposure drives haematopoietic stem cells towards precocious myeloid differentiation at the expense of self-renewalCited 740 times
- Go sideways: Capital expenditureA closely related topic
- Go sideways: Tax deductionA closely related topic
📖 Definitions
Noun A spending or consuming, often a disbursement of funds.
Noun The elimination or consumption of something, sometimes with the notion of loss or damage to the thing eliminated.
Noun Loss.
Verb To charge a cost against an expense account; to bill something to the company for which one works.
🏆 Landmark papers (most cited)
Chronic interleukin-1 exposure drives haematopoietic stem cells towards precocious myeloid differentiation at the expense of self-renewal
Cancer as a dysregulated epigenome allowing cellular growth advantage at the expense of the host
Last‐Chance Earnings Management: Using the Tax Expense to Meet Analysts' Forecasts*
Earnings Management: New Evidence Based on Deferred Tax Expense
Existing Motor State Is Favored at the Expense of New Movement during 13-35 Hz Oscillatory Synchrony in the Human Corticospinal System
Origin and assembly of the Tethyside orogenic collage at the expense of Gondwana Land
Money Talks: Perceived Advertising Expense and Expected Product Quality
Rats maintain an overhead binocular field at the expense of constant fusion
🆕 Influential since 2022
Does renewable energy reduce ecological footprint at the expense of economic growth? An empirical analysis of 120 countries
The 2023 EBMT report on hematopoietic cell transplantation and cellular therapies. Increased use of allogeneic HCT for myeloid malignancies and of CAR-T at the expense of autologous HCT
How heavy is the medical expense burden among the older adults and what are the contributing factors? A literature review and problem-based analysis
Dietary tryptophan deficiency promotes gut RORγt+ Treg cells at the expense of Gata3+ Treg cells and alters commensal microbiota metabolism
A trailing ribosome speeds up RNA polymerase at the expense of transcript fidelity via force and allostery
📚 Books worth reading
- 📕Business use of your homeUnited States. Internal Revenue Service. · 1978
- 📕Miscellaneous deductionsUnited States. Internal Revenue Service. · 1979
- 📕Educational expensesUnited States. Internal Revenue Service. · 1979
- 📕Medical and dental expensesUnited States. Internal Revenue Service. · 1979
- 📕Expenses under Canadian income tax actCCH Canadian Limited. · 1964
- 📕Moving expensesUnited States. Internal Revenue Service. · 1979
- 📕Deduction for bad debtsUnited States. Internal Revenue Service. · 1979
- 📕1983-84 miscellaneous tax bills, IIUnited States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management. · 1983
Ranked by number of editions on Open Library, a rough measure of how lasting a book is.
🔗 Related topics
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- Depreciation In accountancy, depreciation refers to two aspects of the same concept: first, an actual reduction in the fair value of an asset, such as the decrease…
- Operating cash flow In financial accounting, operating cash flow (OCF), cash flow provided by operations, cash flow from operating activities (CFO) or free cash flow from…
- Amortization (accounting) In accounting, amortization is a method of obtaining the expenses incurred by an intangible asset arising from a decline in value as a result of use or…
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- Operating expense An operating expense (OpEx) is an ongoing cost for running a product, business, or system. Its counterpart, a capital expenditure (CapEx), is the cost…