Expensed

Charged to an expense account, fully reducing reported profit of that year, as is appropriate for expenditures for items with useful lives under one year. The New York Times Financial Glossary

Financial and business terms. 2012.

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  • expensed — Charged to an expense account, fully reducing reported profit of that year, as is appropriate for expenditures for items with useful lives under one year. Bloomberg Financial Dictionary …   Financial and business terms

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  • expense — expenseless, adj. /ik spens /, n., v., expensed, expensing. n. 1. cost or charge: the expense of a good meal. 2. a cause or occasion of spending: A car can be a great expense. 3. the act of expending; expenditure. 4. expenses, a. charges incurred …   Universalium

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  • expense — I. noun Etymology: Middle English, from Anglo French or Late Latin; Anglo French, from Late Latin expensa, from Latin, feminine of expensus, past participle of expendere Date: 14th century 1. archaic the act or an instance of expending ;… …   New Collegiate Dictionary

  • Arthur Andersen — Infobox Company company name = Arthur Andersen company company type = Limited Liability Partnership foundation = 1913 location = Chicago, Illinois, USA num employees = approx. 200 as of 2007 85,000 (in 2002) industry = Accounting Professional… …   Wikipedia

  • Book value — In accounting, book value or carrying value is the value of an asset or according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made… …   Wikipedia

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