Definition, Meaning & Synonyms
line-item
noun
/ˈlaɪn ˌaɪtəm/
Definition
An individual item or entry in a budget or financial statement that represents a specific expense or revenue source.
Examples
- The budget report was organized by line-item for clarity.
- Each line-item in the invoice corresponds to a specific service provided.
- To ensure transparency, the organization required detailed line-items for all expenses.
Meaning
A line-item is a detailed entry that allows for easy tracking of budgetary allocations and expenditures within financial documents.
Synonyms
- entry
- item
- expense line
- budget line
