Expenditure
Encyclopedia of Business Terms and Methods, ISBN 978-1-929500-10-9. Copyright © 2012 by Marty J.Schmidt. Revised 26 February 2012.
The Meaning of Expenditure
An expenditure is the payment of cash for goods or services received.
For more on different kinds of expenditures--how they are planned, executed, and accounted for, see the encyclopedia entries for budget, capital expenditure, expense, and operating-expense.
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