Reading Theme:
What Are Business Expenses? Definition & Examples
Meaning 1：work-related costs (Business expenses)
Business expenses
/ˈbɪznɪs ɪkˈspɛnsɪz/
n.phr
Money that a company or person spends while doing their job or running their business.
work-related costs
➕
/ˈwɜːrk rɪˈleɪtɪd kɒsts/
n.phr
Money that a company or person spends while doing their job or running their business.
📘 Details & Usage
📖 Root Explanation
From Old English 'bisignis' (care, occupation) + Latin 'expensus' (weighed out, paid).
💡 Mnemonic
Think: 'Busy-ness' costs you money while working. Expenses = money 'spent' to keep the business running.
📖 Example
As a salesperson, my flights and hotel stays are all covered as business expenses and my company reimburses me.
As a salesperson, my flights and hotel stays are all covered as business expenses and my company reimburses me.
🔗 Collocations
claim business expenses – request reimbursement for work-related spending
deduct business expenses – subtract work costs from taxable income
track business expenses – monitor money spent on business activities
🔄 Synonyms
operating costs (n.phr) – ongoing expenses required to run a business
company expenditures (n.phr) – money paid out by a business for goods or services
🚫 Antonyms
personal expenses (n.phr) – money spent on private, non-work-related items
🌱 Derivatives
business expense (n.phr) – singular form of business expenses
expense report (n.phr) – document listing reimbursable business costs
📖 Cultural Story
Common in corporate finance and tax accounting; employees submit expense reports to get reimbursed for work-related costs. IRS rules distinguish deductible business expenses from personal ones.
Wordbook
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