revenue expenditure

revenue expenditure
Expenditure on *short-term expenses that is charged to an *income statement in the period in which it is incurred. Contrast *capital expenditure.

Auditor's dictionary. 2014.

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  • revenue expenditure — UK US noun [U] (also revenue expense, ABBREVIATION revex) ► ACCOUNTING, FINANCE money that a company spends on activities that are directly related to making sales in a particular period: »Grants can be awarded for either capital or revenue… …   Financial and business terms

  • revenue expenditure — Expenditure written off to the profit and loss account in the accounting period in which it is made. Such expenditure is deemed to have been incurred by the revenue generated within that financial period …   Accounting dictionary

  • revenue expenditure — Expenditure written off to the profit and loss account in the accounting period in which it is made. Such expenditure is deemed to have been incurred by the revenue generated within that financial period …   Big dictionary of business and management

  • revenue expenditure — noun : an expenditure allocable to and chargeable against revenue contrasted with capital expenditure …   Useful english dictionary

  • revenue expenditure — /ˌrevəˌnju: ɪk spendɪtʃə/ noun expenditure on purchasing stock (but not on capital items) which is then sold during the current accounting period …   Dictionary of banking and finance

  • expenditure — The costs or expenses incurred by an organization. They may be capital expenditure or revenue expenditure. Although expenditure is usually incurred by an outlay of money, expenditure may also arise in accounting by the acknowledgment of a… …   Accounting dictionary

  • expenditure — The costs or expenses incurred by an organization. They may be capital expenditure or revenue expenditure Although expenditure is usually incurred by an outlay of money, expenditure may also arise in accounting by the acknowledgement of a… …   Big dictionary of business and management

  • expenditure — *Money spent to cover *costs and *expenses. See *capital expenditure and *revenue expenditure …   Auditor's dictionary

  • Revenue Deficit — When the net amount received (revenues less expenditures) falls short of the projected net amount to be received. This occurs when the actual amount of revenue received and/or the actual amount of expenditures do not correspond with predicted… …   Investment dictionary

  • Revenue and Expenditure Control Act of 1968 — The United States Revenue and Expenditure Control Act of 1968 created a temporary 10 percent income tax surcharge on both individuals and corporations through June 30, 1969.It also delayed the scheduled reduction in the telephone and automobile… …   Wikipedia

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