A-Z Popular Blog Costs Search »
Expenses
 Advertisements
Related Guides
Expenses
top   »  economics   »  finance   »  financial analysis   »  cost   »  expenses

26 Examples of Expenses

 , June 24, 2020
An expense is a cost that is immediately consumed. This can be contrasted with a cost that represents an investment in the future such as the purchase of land, buildings and other durable assets. The following are common examples of expenses including both business expenses and personal expenses.
Bank Fees
Cleaning Supplies
Clothing
Communication Charges
Consumables
Energy
Entertainment
Food
Hotels
Insurance
Interest Payments
Maintenance
Meals
Medical Costs
Memberships
Office Supplies
Pension Plan Contributions
Professional Service Fees
Rent
Repair Costs
Service Fees
Taxes
Travel Fares
Tuition
Utilities
Vehicle Lease
Consumables are products that are quickly used up such as a toothbrush or can of coffee. In practice, durable products that aren't too expensive are considered expenses. For example, some tax jurisdictions allow small businesses to expense any capital purchase under a predetermined amount such as $1000.
The interest on a mortgage is viewed as an expense as is depreciation of a building. However, it's an oversimplification to think of mortgage payments as an expense. Land generally doesn't go down in value over time and is an investment.
Overview: Expenses
Type
Cost
Definition
A cost that is immediately consumed.
Related Concepts
Cost »
Business Expenses »
Personal Expenses »
Consumables »
Consumer Durables »
Capital »

Expenses

This is the complete list of articles we have written about expenses.
Apartment Things
Business Expenses
Consumables
Discretionary
Fixed Expenses
Food
House Things
Household Expenses
Personal Expenses
Spending
Supplies
Taxes
Variable Expenses
If you enjoyed this page, please consider bookmarking Simplicable.
 
Cite »
© 2010-2023 Simplicable. All Rights Reserved. Reproduction of materials found on this site, in any form, without explicit permission is prohibited.

View credits & copyrights or citation information for this page.

Home About     Privacy Policy     Cookies Terms of Use     Contact Us Search


Cookies help us deliver our services. You have choices regarding these cookies. Please visit our privacy policy, cookie policy and consent tool to learn more.


Copyright 2002-2023 Simplicable. All rights reserved. This material may not be published, broadcast, rewritten, redistributed or translated. Report violations here.