revenue expenditure

revenue expenditure
Expenditure on *short-term expenses that is charged to an *income statement in the period in which it is incurred. Contrast *capital expenditure.

Auditor's dictionary. 2014.

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  • revenue expenditure — Expenditure written off to the profit and loss account in the accounting period in which it is made. Such expenditure is deemed to have been incurred by the revenue generated within that financial period …   Big dictionary of business and management

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  • expenditure — *Money spent to cover *costs and *expenses. See *capital expenditure and *revenue expenditure …   Auditor's dictionary

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  • Revenue and Expenditure Control Act of 1968 — The United States Revenue and Expenditure Control Act of 1968 created a temporary 10 percent income tax surcharge on both individuals and corporations through June 30, 1969.It also delayed the scheduled reduction in the telephone and automobile… …   Wikipedia

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