- expensed
- Charged to an expense account, fully reducing reported profit of that year, as is appropriate for expenditures for items with useful lives under one year. Bloomberg Financial Dictionary
Financial and business terms. 2012.
expensed
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Expensed — Charged to an expense account, fully reducing reported profit of that year, as is appropriate for expenditures for items with useful lives under one year. The New York Times Financial Glossary … Financial and business terms
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expense — expenseless, adj. /ik spens /, n., v., expensed, expensing. n. 1. cost or charge: the expense of a good meal. 2. a cause or occasion of spending: A car can be a great expense. 3. the act of expending; expenditure. 4. expenses, a. charges incurred … Universalium
Prepaid Expense — 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. While prepaid expenses are initially recorded as assets, their value is expensed over time as the… … Investment dictionary
expense — I. noun Etymology: Middle English, from Anglo French or Late Latin; Anglo French, from Late Latin expensa, from Latin, feminine of expensus, past participle of expendere Date: 14th century 1. archaic the act or an instance of expending ;… … New Collegiate Dictionary
Arthur Andersen — Infobox Company company name = Arthur Andersen company company type = Limited Liability Partnership foundation = 1913 location = Chicago, Illinois, USA num employees = approx. 200 as of 2007 85,000 (in 2002) industry = Accounting Professional… … Wikipedia
Book value — In accounting, book value or carrying value is the value of an asset or according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made… … Wikipedia
