business expense

Definition of "business expense"
  1. A cost that is paid during the operation of a business and is necessary for its successful functioning in the tax year that the expenditure occurs
How to use "business expense" in a sentence
  1. The new office furniture purchase is considered a business expense as it was necessary for operations.
  2. Because it was acquired during a necessary business trip, the cost of the flight is a business expense.
  3. The advertising costs for the new product launch are deemed as a business expense, as they're essential for the business to function.

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