Expense In the broadest sense, expense is the opposite of revenue, but it is not limited to that meaning. Expense is the money you sacrifice in order to gain revenue.
expenses Costs that are matched with revenues on the income statement. For example, Cost of Goods Sold is an expense caused by Sales.
Expense Accounts: Expense accounts are the accounts a company uses to keep track of costs of doing business. When recording an expense transaction, it is a debit because it reduces capital.
Expense Ratio: Annual Report Often referred to as the Audited Expense Ratio, Morningstar pulls the net annual expense ratio from the fund's audited annual report.
Expense Accounts And Allowances Expense Accounts are ordinarily a feature of perquisites for executives.
Expense Ratio A mutual fund's cost of doing business, disclosed in the prospectus as a percent of assets. Also called the operating expense ratio (OER).
Expense ratio A general insurer's expense ratio is its operating expenses as a percentage of its premium income. It is analogous to the overhead cost ratio but in the context (and suited to the very particular requirements) of insurance.
Expenses That Are Not Deductible Medical Expenses The following items are not deductible medical expenses, according to the tax laws and the IRS: ...
expense results from or measures the using up of an asset (e.g., depreciation) or incurrence of a liability (e.g., warranty expense) to obtain revenue in the current period. An expense can apply to the cost of merchandise sold or services rendered.
Expenses 1. Money spent by a firm to continue its ongoing operations. 2. Money spent or costs incurred that are deductible and reduce your taxable income.
The expense ratio measures the percentage of a mutual fund's assets dedicated to running the fund. If the expense ratio is 1%, then each year the total money in the fund is reduced by 1% to pay expenses.
Other Operating Expenses. Other operating expenses represent all other expenses related to a company's primary operations not included in the above categories. Often, nonrecurring costs or accounting gains are included here.
expenses that vary in close proportion to changes in total sales volume (total quantities of sales). Examples of these types of expenses are delivery costs, packaging costs, and other costs that depend ...
Rent Expense - Rent is any amount you pay for the use of property you do not own. In general, you can deduct rent as an expense only if the rent is for property you use in your trade or business.
Legal expenses insurance can be purchased to cover the legal costs arising from a variety of disputes in connection with running a business. Cover will generally include the following: ...
Expense management Expenses versus Capital Expenditures F Freight expense ...
Expenses incurred while looking for a new job in the same line of work, whether or not a new job is found. These miscellaneous Itemized Deductions for tax purposes are subject to the 2% AGI floor.
The expense ratio is the ratio of total expenses to net assets of the fund and includes management fees, 12b-1 charges if any, the cost of shareholder mailings and other administrative expenses.
HOME EXPENSE-TO-INCOME RATIO - A ratio expressed as a percentage that is used by the mortgage industry ... HOME IMPROVEMENT LOAN - an advance of funds, usually not secured by a mortgage and usually short-term, ...
Depreciation expense describes the allocation of the cost of this usage into the income statement in accounting periods when the benefits are generated.
Deferred Tax Expense Deferred Tax Expense definition : A non-cash expense that provides a source of free cash flow. Amount allocated during the period to cover tax liabilities that have not yet been paid. Have YOU got what it takes?
Additional living expense insurance is coverage that provides payment to the insured for extra costs resulting from being temporarily displaced from an insured property due to damage.
The amount of earnings available to make interest payments after all operating and nonoperating income and expenses—except interest and income taxes—have been accounted for. Creating Value with EVA by S. David Young ...
Under accounting rules the Goodwill is amortized or expensed over a period of no longer than 40 years.
Among the insurers who offer legal expense insurer are: Allianz, Commercial Union, DAS, Hambro Legal Protection and Legal Protection Group. Looking to insure your car? See our guide to motor insurance See Also: Moneyextra Insurance Service ...
Expense Ratio The third thing to consider is the expense ratio. Many investors overlook this aspect and shoot themselves in the foot before they even get started investing.
expense - Websters calls it "a spending or consuming; disbursement, expenditure. What's important about expenses for the purpose of business accounting is that expenses are deductible against taxable income.
Expense Ratio Amount, expressed as a percentage of total investment, that shareholders pay annually for mutual fund operating expenses and management fees.
Expenses: personal costs incurred by an employee in carrying out activities for an organization that are reimbursed by the employer.
Expense Ratio The percentage of a portfolio's average net assets used to pay its annual administrative and advisory expenses of a mutual fund. These expenses directly reduce returns to investors.
Expenses Costs paid out in connection with booking of cargo and arranging transport (e.g.commission). Expiration ...
Expenses: Costs charged against revenue in a particular accounting period. ...
Expense The cost of goods and services, including those that are fixed (such as rent and auto loan payments) and those that are variable (such as food, clothing, and entertainment).
expense The cost of the goods or services that are used to operate a business; expenses decrease owner's equity. external controls The measures and procedures provided outside the business to protect cash and other assets.
Expense ratio Expenses associated with running an insurance business (eg. commission, professional fees and other administrative costs), expressed as a percentage of premiums.
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. Expiration ...
Expense Ratio - The ratio of underwriting expenses (including commissions) to net premiums written. This ratio measures the company's operational efficiency in underwriting its book of business.
Expenses - your everyday expenditure, such as food, transport, housing, clothing and entertainment. F - top Facility agreement - see loan agreement.
Expense: A business's cost for such things as rent, electricity, and worker's pay. Your cost for such things as movies, snacks, clothes, and music.
expenses Outflows or other reductions of assets or increases in liabilities (or a combination of both) from delivering or producing goods, rendering services, ...
Expenses This is a component of the Underwriters' Discount which includes expenses incurred by the underwriters in the course of processing a deal.
Expense ratio An expense ratio is the percentage of a mutual fund's or variable annuity's total assets deducted to cover operating and management expenses.
EXPENSE " (1) For accounting purpose to record an outlay against revenue in the period incurred (vs. Capitalize). (2) An item which reduces income. EXPIRATION " The day on which an option contract becomes void.
Expense ratio. A measure of the costs of running a mutual fund. Expressed as a percentage of the fund's assets, the expense ratio is the best tool for comparing the management costs you'll incur by investing in different funds.
expense ratio: The cost of owning a mutual fund, or the operating expenses. expenses: Costs incurred to create revenue. expiration date: The last day on which an option can be exercised.
EXPENSES - Decreases in net total assets. Expenses represent the cost of operation incurred during the current period regardless of the timing of the related disbursements.
Expense ratio The percentage of the assets that are spent to run a mutual fund (as of the last annual statement). This includes expenses such as management and advisory fees, overhead costs, and 12b-1 (distribution and advertising) fees.
Expense ratio: In a mutual fund, the ratio between the operating expenses for the year and the total average net asset value. It usually amounts to less than 1%.
Expense Ratio - Ratio of a mutual fund's expenses per $100 of investment. For example, a fund with an expense ratio of 0.93 spends $0.
Expenses - Goods or services purchased directly for the running of the business. This does not include goods bought for re-sale or any items of a capital nature (see stock and fixed assets ).
Expenses vs. income Your total expenses are too high, as a percentage of your income (above 40%). You have a business that is losing money, so how is it that you took a two-month safari in Morocco?
An expense, or money paid out from an account. A debit transaction is one which the net cost is greater than the net sale proceeds. The opposite of credit ...
Total Expense Ratio Total obligations as a percentage of gross monthly income. The total expense ratio includes monthly housing expenses plus other monthly debts. Total Loan Amount Amount of money borrowed plus any financed closing costs.
Fixed Expense: is an expense that cannot be adjusted or eliminated, such as a monthly car or mortgage payment. Fixed Interest Rate: is a rate that stays the same for the life of the loan.
Fixed Expenses. Expenses related to basic lifestyle needs (such as shelter and food), debt payments, and income tax.
Total Expense Ratio (TER) The Total Expense Ratio (TER) represents the true cost of running a fund. It includes the fund AMC (Annual Management Charge) as well as the depository and custodial charges, and audit, registration, and compliance fees.
Final Expenses: Expenses incurred at the time of a person's death. These will include the funeral costs, outstanding bills or debts, taxes and expenses associated probating a will. Fixed Term - Annuities: ...
Fixed expense - Costs that don't vary from one period to the next. Fixed-income investments - Investments such as bonds that produce a fixed amount of income that usually does not vary over the life of the investment.
Other expenses. This miscellaneous category includes the costs of providing services to shareholders outside of the expenses covered by 12b-1 fees or portfolio management fees.
Fixed Expenses: Fixed expenses are expenses on an income statement that represent insurance costs and property taxes. Fixed Liability: A fixed liability is a long-term liability.
See also: Banks, Saving, Acquisitions, Mergers, Bills
 
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