expense-account

expense account

noun
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:
1870–75

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
expense account
 
n
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.  informal (modifier) paid for by an employer or by money allowable against tax: an expense-account lunch

Collins English Dictionary - Complete & Unabridged 10th Edition
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American Heritage
Cultural Dictionary

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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