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Expense

Noun
UK /ɪkˈspens/
US /ɪkˈspens/

Definition

Money that is spent or the cost of something.

Example

"Food is their biggest monthly expense."

"The company reduced travel expenses to save money during the year."

"He made a joke at her expense, which embarrassed her but made others laugh."

Explanation

Expense means the money that is spent on something. For example, paying for food, clothes, travel, or bills is an expense. Some expenses are small, like buying a snack, while others are large, like buying a house. The word also refers to costs in businesses or families. People often try to reduce expenses so they can save money. Expense can also be used in the phrase “at someone’s expense”, meaning something happens that uses their money, effort, or causes them harm. Managing expenses is important in everyday life, as it helps people balance their needs, wants, and savings for the future.

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