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expense account

noun
1.
an account of business expenditures, as travel, hotel room, meals, and entertainment connected with work, for which an employee will be reimbursed by an employer.
Origin
1870-1875
1870-75
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for expense-account

expense account

noun
1.
an arrangement by which expenses incurred in the course of a person's work are refunded by his employer or deducted from his income for tax purposes
2.
a record of such expenses
3.
(modifier) (informal) paid for by an employer or by money allowable against tax: an expense-account lunch
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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expense-account in Culture

expense account definition


An account or list of expenses incurred in doing business outside the office, part of which is a tax deduction. The term often applies to lunches or dinners at which business deals are made and clients entertained.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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16
18
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