Definition, Meaning & Synonyms
total-expenses
noun
/ˈtoʊtəl ˈɛkspɛnsɪz/
Definition
The overall amount of money spent during a specific period, including all categories of expenses.
Examples
- The total expenses for the month were higher than expected due to unforeseen repairs.
- By tracking total expenses, she was able to understand her spending habits better.
- The company reported its total expenses in the annual financial statement.
Meaning
Total expenses represent the sum of all costs incurred, such as rent, utilities, salaries, and supplies, during a given timeframe, usually for budgeting or financial analysis purposes.
Synonyms
- overall costs
- aggregate expenses
- total outlays
- combined expenses
