Definition, Meaning & Synonyms
expenditure-incurred
Noun
/ɪkˈspɛndɪtʃər ɪnˈkɜrd/
Definition
A term that denotes the amount of money that has been spent or used in the course of a business operation or budget period.
Examples
- The company reported a significant increase in expenditure-incurred due to the expansion of their operations.
- All expenditure-incurred must be documented for accurate financial reporting.
Meaning
Refers to costs that a company or individual has actually spent, which may include expenses for goods, services, or resources.
Synonyms
- Expense
- Outlay
- Cost
- Disbursement
