Definition of Expenditure

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TeachMeFinance.com - explain Expenditure



Expenditure

The term 'Expenditure' as it applies to the area of energy can be defined as ' The incurrence of a liability to obtain an asset or service'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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