business expense

Other forms: business expenses

Definitions of business expense

1. noun

   ordinary and necessary expenses incurred in a taxpayer's business or trade
   synonyms: trade expense

   types:

   organization expense

   the cost (over a period of five years) of organizing a new corporation or partnership

   promotional expense

   the cost of promoting a product

   type of:

   disbursal, disbursement, expense

   amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures)