单词 | revenue expenditure |
释义 | revenue expenditure revenue expenditure noun [U] (also revenue expense [C,U]) (abbr revex)
(Accounting ) money that is spent on the normal activities of a business during a particular period such as the cost of labour, materials, etc: Apart from the expected increase in staff costs, there was no increase in revenue expenditure. Revenue expenditure can be deducted from the rents you receive and will reduce your income tax bill. ⇨ CAPITAL EXPENDITURE |
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