| Library / English Dictionary |
TRADE EXPENSE
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
Ordinary and necessary expenses incurred in a taxpayer's business or trade
Synonyms:
business expense; trade expense
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("trade expense" is a kind of...):
disbursal; disbursement; expense (amounts paid for goods and services that may be currently tax deductible (as opposed to capital expenditures))
Hyponyms (each of the following is a kind of "trade expense"):
organization expense (the cost (over a period of five years) of organizing a new corporation or partnership)
promotional expense (the cost of promoting a product)
