public expense definition
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- Public expenditure can be classified on the basis of benefits they confer on different groups of people. 1  Common benefits to all : Expenditures that confer common benefits on all the people. For example, expenditure on education, public health, transport, defence, law and order, general administration.
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- Expense is defined as the cost of something. 1  An example of an expense is the financial burden of buying a brand new car.  An example of an expense is the potential lost time in a project after the direction is changed.
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Expense Something that seems to cost little is inexpensive. Expenses of the table are expenses of dining, refreshments, a feast, etc. In accounting, expense has a very specific meaning. It is an outflow of cash or other valuable assets from a person or company to another person or company.This outflow of cash is generally one side of a trade for products or services that have equal or better current or future value to the buyer than to the seller.xpenses redirects here. For the row about members' expenses in the UK Parliament which started about May 2009, see United Kingdom Parliamentary expenses scandal. In common usage, an expense or expenditure is an outflow of money to another person or group to pay for an item or service, or for a category of costs.
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Capital Expenditure (CAPEX) The general definition of capital expenditure can be given as the funds utilized by a company for acquiring or upgrading the physical assets like property, equipment, or industrial buildings. This outlay type is created by the companies to maintain or raise the scope of their operations.
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public assistance pub′lic assis′tance. n. government aid to the poor, disabled, blind, or aged, or to dependent children. [1900–05] public assistance. Aid given in the form of money or food by a government to the needy or homeless.
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Veterans, Agent Orange, and Cancer Risk Use of Agent Orange. During the Vietnam War, the United States sprayed approximately 20 million gallons of plant-killing chemicals known as herbicides in Vietnam to expose enemy hiding places, destroy crops, and clear areas around U.S. military bases.
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Preparing for Surgery: The Operating Room You may be transported on a stretcher to the operating room. What does the operating room look like? The operating room can be an intimidating, busy place. It has a lot of unfamiliar technical equipment. The following is a brief list of equipment you may see in the operating room. Each operating room varies depending on the type of surgery being done: The operating table in the center of the room can be raised, lowered, and tilted in any direction. The operating room lamps allow for brilliant illumination without shadows during surgery.
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Chapter 1: Theory of Markets and Privacy DEFINITION of 'Expense'. 1. The economic costs that a business incurs through its operations to earn revenue. In order to maximize profits, businesses must attempt to reduce expenses without also cutting into revenues.
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EXPENSE The noun EXPENSE has 3 senses: 1. amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures). 2. a detriment or sacrifice. 3. money spent to perform work and usually reimbursed by an employer. Familiarity information: EXPENSE used as a noun is uncommon.
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Is advertising an expense or an asset? Advertising expense is the consumed cost of these activities. Accounting for Advertising Expense. You can record an advertising expense as an asset when there is a reliable and demonstrated relationship between total costs and future benefits resulting directly from the incurrence of those costs.
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- Best Answer: A. Advertising is an operating expense. Capital expenditures are payments made in order to acquire property, something tangible that is owned; machinery and escalators are perfect examples.A patent is something you own, although it's not tangible and not taxable as property.est Answer: A. Advertising is an operating expense. Capital expenditures are payments made in order to acquire property, something tangible that is owned; machinery and escalators are perfect examples.
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What is a 'Prepaid Expense' What is a 'Prepaid Expense'. A prepaid expense is a type of asset that arises on a balance sheet as a result of business making payments for goods and services to be received in the near future.
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What is 'Capital Expenditure (CAPEX)' BREAKING DOWN 'Capital Expenditure (CAPEX)'. In terms of accounting, an expense is considered to be a capital expenditure when the asset is a newly purchased capital asset or an investment that improves the useful life of an existing capital asset.f an expense is a capital expenditure, it needs to be capitalized. This requires the company to spread the cost of the expenditure (the fixed cost) over the useful life of the asset. If, however, the expense is one that maintains the asset at its current condition, the cost is deducted fully in the year of the expense.
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- Full Definition of EXPENSE. 1. archaic: the act or an instance of expending: expenditure. 2. a: something expended to secure a benefit or bring about a result c: an item of business outlay chargeable against revenue for a specific period.3.4. See expense defined for English-language learners.ull Definition of EXPENSE. 1. archaic: the act or an instance of expending: expenditure. 2. a: something expended to secure a benefit or bring about a result c: an item of business outlay chargeable against revenue for a specific period. 3. 4. See expense defined for English-language learners.
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Public capital Public capital is the aggregate body of government-owned assets that are used as a means for private productivity.
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advertising expense definition advertising expense. Advertising Expense is the income statement account which reports the dollar amount of ads run during the period shown in the income statement. Advertising Expense will be reported under selling expenses on the income statement.
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Information and communication technologies for development public investmentnoun. uk ​ us ​ GOVERNMENT, ECONOMICS, FINANCE. › [ U ] the money that a government spends on public services, such as education and health: The business community fears that the economy's slow growth is inadequate to meet the nation's private and public investment needs. (Definition of “public investment” from the Cambridge Business English Dictionary © Cambridge University Press)
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capital expenditure Legal Definition of capital expenditure. : an amount paid out that creates a long-term benefit (as one lasting beyond the taxable year); especially : costs that are incurred in the acquisition or improvement of property (as capital assets) or that are otherwise chargeable to a capital account.
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Public Debt and Its Pros and Cons The public debt is defined as how much a country owes to lenders outside of itself. These can include individuals, businesses, and even other governments. The term public debt is used interchangeably with the term sovereign debt.
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Expense Accounts Expense Accounts. Expenses refer to costs incurred in conducting business. Technically, expenses are decreases in economic benefits during the accounting period in the form of decreases in assets or increases in liabilities that result in decreases in equity, other than those relating to distributions to equity participants.
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- Definition of public float: In the overall amount of a company's stock, the amount of shares that are held by public investors and not including the shares that are held by the officers or directors of that company.
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expense What is the meaning of Expenses? Expenses are money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business. . Expenses may be in the form of actual c … ash payments (such as wages and salaries), a computed expired portion (depreciation) of an asset, or an amount taken out of earnings (such as bad debts). .
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salaries expense definition salaries expense. Under the accrual method of accounting, the account Salaries Expense reports the salaries that employees have earned during the period indicated in the heading of the income statement, whether or not the company has yet paid the employees. Salaries Expense will usually be an operating expense (as opposed to a nonoperating expense).
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- General and Administrative Cost . The DCF recognizes that allowable general and administrative costs (G&A) are essential and legitimate costs of provider agencies. These indirect costs of the provider represent costs which are incurred for common or joint objectives in providing services. Such costs
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- A prepaid expense is an asset on the balance sheet. Due to accounting principles, expenses are often accrued on the balance sheet and expensed in a later period. Markets. Interest expense is the cost of borrowing money. Investing. An operating expense is any expenditure made for the purpose of operating a business.